Keppel O&M’s pandemic disruption drags on parent
The yard business reduces its workforce to about 5,000 people, less than a quarter of the level before coronavirus outbreaks and lockdowns began at Singapore’s foreign worker dormitories. It was also hit by massive write-offs on bad debt provisions and asset impairments
Two foreign worker dormitories managed by the yard group’s affiliate, Keppel Housing, have been earmarked as isolation areas because of the outbreak
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