Lee Boon Yang News

24 Dec 2017

Keppel O&M to Pay US$422m to Resolve Petrobras Issue

Keppel FELS Brasil. Photo: Keppel Offshore & Marine

Keppel Corporation Limited (Keppel Corporation or Keppel) today confirmed that KOM has reached a global resolution with criminal authorities in the United States, Brazil and Singapore in relation to corrupt payments made by KOM's former agent in Brazil,  Zwi Skornicki. As part of the global resolution, KOM has accepted a conditional warning from the Corrupt Practices Investigation Bureau (CPIB) in Singapore, and entered into a Deferred Prosecution Agreement (DPA) with the U.S.

27 Aug 2016

NParks, Keppel in S$2.08 mln Partnership for Restoring Singapore Forest Wetlands

Singapore Botanic Gardens

The National Parks Board (NParks) and Keppel Corporation today unveiled plans for a partnership to restore the freshwater forest wetland ecosystem historically found in the vicinity of the Singapore Botanic Gardens. Located in the upcoming Learning Forest extension, the restored 1.8 hectare forest wetland will enhance the biodiversity found there, and for the very first time, provide educational opportunities for the public to access and experience a freshwater forest wetland habitat, right in the heart of the city.

20 Apr 2015

Keppel's Independent Director Leong-Chee to retire

Independent Director Mr Tony Chew Leong-Chee

Keppel Corporation Limited (Keppel Corporation) announced that Mr Tony Chew Leong-Chee, Non-Executive and Independent Director, will be retiring from the Board of Directors of Keppel Corporation on 1 May 2015. Mr Chew will concurrently cease to be Chairman of the Nominating Committee and member of the Audit Committee. Dr Lee Boon Yang, Chairman of Keppel Corporation said, "On behalf of the Board, I would like to thank Tony for his contributions during his 13 years of distinguished service. The Keppel Group has benefited from his extensive business experience, wisdom and entrepreneurial spirit.

16 Feb 2015

Keppel Appoints Vestring to its Board

Courtesy Keppel

Mr Vestring, 50, is a partner in Bain & Company's (Bain) Southeast Asia office. Of his 24-year career with Bain, Mr Vestring has spent over two decades in Asia advising leading companies on portfolio strategy, growth, mergers and acquisitions, merger integration, organisation and performance improvement. The companies he has advised include those in shipping, offshore & marine, industrial products, automotive, infrastructure, commodities, airlines and telecoms. Mr Vestring works closely with Asian and multinational companies to grow organically and inorganically across Asia.

28 May 2014

Keppel's Senior Executive Director to Retire

Keppel Corporation Limited announced that Teo Soon Hoe, Senior Executive Director, Keppel Corporation will retire June 1, 2014. Teo will step down as Chairman of Keppel Telecommunications & Transportation Ltd (Keppel T&T) and non-independent director of Keppel Infrastructure Fund Management Pte Ltd (KIFM), Trustee Manager of Keppel Infrastructure Trust, with effect from the same date. Teo will continue to represent Keppel Corporation as its nominee director on the boards of Tianjin Eco-city companies, and k1 Ventures Limited. Further, Keppel Land Limited (Keppel Land) and Keppel T&T have appointed him as Senior Advisor to their respective boards and he will also continue to represent Keppel T&T as its nominee director on the board of M1 Limited.

06 Aug 2013

Keppel Celebrates 45 Years

In commemoration of its 45th Anniversary, themed “Shaping the Future”, Keppel Corporation commits $12 million to National Art Gallery, Singapore in support of its center for art education, to be named Keppel Center for Art Education. Committed to shaping the future, Keppel Corporation presented, as a gift to children of Singapore, the commitment of $12 million to National Art Gallery for its center for art education, which will be named Keppel Center for Art Education. President Tony Tan witnessed the presentation of the cheque by Dr Lee Boon Yang, Chairman of Keppel Corporation and Mr Choo Chiau Beng, CEO of Keppel Corporation to Mr Hsieh Fu Hua…

18 Jul 2013

Keppel Charts The Next Lap Of Growth

The Board and Management of Keppel Corporation Limited (Keppel Corp) has announced  the Group's holistic succession plan in charting its next lap of growth. On 1 January 2014, Mr Choo Chiau Beng, 65, CEO of Keppel Corp, will be succeeded by CFO Mr Loh Chin Hua. At Keppel Offshore & Marine Ltd (Keppel O&M), Mr Tong Chong Heong, 66, will be succeeded by COO Mr Chow Yew Yuen as CEO with effect from 1 February 2014. Mr Choo and Mr Tong will be appointed as Senior Advisors to the respective Boards of Keppel Corp, and Keppel O&M and Keppel Infrastructure, thereafter. The Company will make an announcement on the appointment of the new CFO for Keppel Corp at an appropriate time.

09 Sep 2012

Keppel Sets Up Charitable Foundation

Keppel Corporation launch Keppel Care Foundation Limited to help the needy & under-privileged, promote education & encourage eco-friendly initiatives. The Keppel Group of Companies (Keppel) will commit up to S$50 million over the next ten years to the Foundation. Provide relief from human suffering and improve the standard of human life by the prevention, combating and treatment of sickness and disease. Former President of the Republic of Singapore, Mr S R Nathan, launched the Keppel Care Foundation today at a fundraising concert to celebrate Keppel Offshore & Marine's 10th anniversary. At the launch, President Nathan also witnessed the presentation of cheques from the Foundation totalling S$6.7 million.

20 Jun 2012

Keppel Corporation Appoints New Board Director

Keppel Corporation Limited (Keppel) is pleased to announce the appointment of Mr Tan Puay Chiang (陈培璋) as Independent Director on the Board with effect from June 20, 2012. Mr Tan, 65, is a veteran in the oil, gas and petrochemicals sector. During his 38-year career with Mobil Oil and later ExxonMobil, he held executive management roles in Australia, Singapore and the United States. These included the positions of Vice-President, Mobil Research & Technology Corp, USA and Chairman & Managing Director of Mobil Oil Australia. Mr Tan retired as Chairman, ExxonMobil (China) Investment Co in 2008. Dr Lee Boon Yang, Chairman, Keppel Corporation, said, "We welcome Puay Chiang to the Board. Mr Tan is a non-executive Independent Director of Singapore Power and Neptune Orient Line.

30 Jan 2012

‘Torch of Passion’ Guides Clipper Race Fleet into Keppel Bay

A Singapore welcome greeted the international fleet of 10 in the Clipper 11-12 Round the World Yacht Race as they sailed into Marina at Keppel Bay over the weekend to rousing cheers from Singaporeans, families and residents of Keppel Bay. Dr Lee Boon Yang, Chairman of Keppel Corporation, ignited the ‘Torch of Passion', starting the welcome celebrations for the fleet which had just completed Race 7, a 4,600-mile race from Gold Coast, Australia, to Singapore. At the ceremony, Guest-of-Honor Mr Teo Chee Hean, Deputy Prime Minister, Coordinating Minister for National Security and Minister for Home Affairs, presented the Keppel-sponsored Singapore Cup to the winning team from Gold Coast Australia…

10 Dec 2008

Jindal’s 2nd Jackup – Early & Incident-Free

Keppel FELS Limited (Keppel FELS) is set to deliver a jackup rig ahead of schedule to Virtue Drilling, an associate company of India’s Jindal Drilling & Industries (Jindal). Named in the presence of Guest-of-Honor, Dr Lee Boon Yang, Singapore’s Minister for Information, Communications and the Arts, the jackup rig Virtue I, has also achieved a clean safety record of about 2.1 million man-hours worked without incidents. “In its strive for excellence in technology innovation and project execution…

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