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Singapore Shipbuilding Coronavirus

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

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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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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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