Keppel Ltd. · SGX:BN4
Keppel — Merger or Acquisition (April 2014)
8 slides from Keppel's merger presentation, Apr 9, 2014
Slide 1: Analysts' Briefing
Analysts’ Briefing 9 April 2014 1
Slide 2: Formidable Alliance
Formidable Alliance Keppel Offshore & Marine • World’s leading integrated offshore and marine group • Foremost designer and builder of offshore rigs • Leading vessel conversion and repair yard • Designer and builder of specialised ships • Global network of 20 yards Titan Petrochemicals Group • Owns
Slide 3: A 30-year Partnership
A 30-year Partnership Subject to completion of Titan’s financial restructuring: • Keppel will second management team to operate and manage Titan Quanzhou Shipyard [TQS] for 30 years. • TQS will only build rigs and offshore vessels to Keppel’s proprietary designs. • Keppel will propose suitable, furt
Slide 4: Why Titan Quanzhou Shipyard: Prime geographical location
Why Titan Quanzhou Shipyard 1) Prime geographical location • Situated in the Douwei deepwater Keppel Nantong port, near Meizhou Bay, Fujian Province • Sited along busy shipping and trading routes on China's Southeastern coastline. • Close to some of Asia’s busiest ports – Shanghai, Hongkong, Titan Q
Slide 5: Why Titan Quanzhou Shipyard: Modern sizeable facility
Why Titan Quanzhou Shipyard 2) Modern sizeable facility designed for massive offshore & marine projects When fully completed, TQS will feature: • 110-hectare site with 3,600-metre shoreline and 10 berths. • Four large dry-docks with combined docking capacity of about 1 million dwt. • Suitable for: •
Slide 6: Seizing Near Market, Near Customer opportunities
Seizing Near Market, Near Customer opportunities • Making inroads into China’s closed offshore market, which is exclusive to State-owned Enterprises. • Strong partners with good networks and the ambition to establish leadership position in China. • Opportunity to populate Keppel’s proprietary design
Slide 7: Strategic value creation
Strategic value creation • Creating value and positive spin-offs for the Keppel Group. • Expanding global capacity without significant investments. • Meeting the challenges of Singapore’s tightening foreign labour quota. 7
Slide 8: This release may contain forward-looking statements which are subject to risks and uncertainties that
This release may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. Such risks and uncertainties include industry and economic conditions, competition, and legal, governmental and regulatory chang