M/20/002 – Kyanite/Keppel

Transaction details

The proposed transaction whereby Kyanite Investment Holdings Pte. Ltd. would acquire sole control of Keppel Corporation Limited has been cleared by the Competition and Consumer Protection Commission.

Notification date Decision date
Friday February 7, 2020 Wednesday, February 26, 2020
Parties Involved Business activities
Kyanite Investment Holdings Pte. Ltd.

Kyanite Investment Holdings Pte. Limited is an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited which is in turn owned by the Government of Singapore. Temasek owns a portfolio of investments, mainly in Singapore and Asia.

Temasek has a controlling interest in a number of companies active in the State.

Keppel Corporation Limited

Keppel Corporation Limited is a Singaporean company with four main business divisions: Infrastructure, Investments, Offshore and Marine, and Property.

Keppel owns two data centres in the State.

Economic sector Media merger
Information and Communications No
Submissions from third parties due by:
Phase 1 Phase 2
Thursday, February 20, 2020
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Harry Costello

T: +353 1 402 5512
email: harrycostello@ccpc.ie

Media enquiries: communications@ccpc.ie

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