Keppel Ltd. Completes Member’s Voluntary Liquidation of Harvestland Development Pte Ltd

Singapore, 18 March 2026 — Keppel Ltd. has announced the completion of the member’s voluntary liquidation proceedings for its dormant wholly-owned subsidiary, Harvestland Development Pte Ltd. This follows an earlier announcement regarding the commencement of the liquidation process on 24 September 2025.

Key Points for Investors

• Corporate Action: Keppel Ltd. has concluded the voluntary liquidation of Harvestland Development Pte Ltd, a dormant subsidiary.
• Nature of Subsidiary: Harvestland Development Pte Ltd was wholly-owned and categorized as dormant, meaning it was not actively conducting business or operations.
• Completion Date: The liquidation process was finalized as of 18 March 2026.
• Strategic Focus: The winding-up of a dormant entity reflects Keppel’s ongoing efforts to streamline its corporate structure and optimize operational efficiency.

Potential Implications for Shareholders

• Effect on Share Value: As Harvestland Development Pte Ltd was a dormant (non-operational) entity, the completion of its liquidation is largely administrative and not expected to have any material impact on Keppel Ltd.’s financial performance or share value.
• Corporate Streamlining: The move highlights Keppel’s commitment to prudent management and continuous improvement of its corporate structure, which may be viewed positively by investors interested in leaner, more focused operations.
• Price Sensitivity: There is no indication that this corporate action will have a price-sensitive effect or trigger significant changes in the company’s valuation at this time.

Additional Information

• The company remains focused on its core businesses and continues to evaluate its portfolio for opportunities to enhance shareholder value.
• The voluntary liquidation process is a standard corporate governance practice for entities no longer serving an operational purpose within the group.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult with a qualified adviser before making any investment decisions. The information contained herein is based on announcements by Keppel Ltd. as of 18 March 2026 and may be subject to change.

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