Keppel to adopt ‘horizontally integrated model’ in restructuring

The model comprises three platforms.

Keppel Corporation will be scrapping its conglomerate structure and replacing it with a simplified horizontally integrated model comprising Fund Management, Investment and Operating platforms.

All three platforms will “be part of one integrated business focused on investing in and creating solutions for a sustainable world,” the company said.
Under the Fund Management platform,  Keppel will raise capital and forge stronger relationships with its investors.

The Investment Platform, on the other hand, will drive capital deployment decisions.

“ It will drive horizontal integration by bringing together the investment and value enhancement expertise from across the Group to create value for investors,” Keppel said.

Through the operating platform, Keppel will strengthen its engineering capabilities and technical know-how and drive innovation and customer-centricity.

“These efforts will complement and further enhance Keppel’s value proposition as an asset manager and operator, and create value for not only Keppel’s shareholders but also investors in Keppel’s private funds and listed REITs and business trust,” the company said.

Meanwhile, the company also announced plans to significantly scale its Assets under Management (AUM) to $200b by 2030 and to $100b by the end of 2026.