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Keppel DHCS won a S$275,000 contract from JTC Corp for the initial design phase of a district cooling system plant in Jurong Innovation District. The plant is scheduled for completion by end-2021.
Keppel Fels, a subsidiary of Keppel Corporation, entered into a settlement agreement with the guarantor of Parden Holding SRL for a jack-up rig contract originally valued at $206 million. The rig will be resold to 361 Projects Pte Ltd, with delivery deferred to Q4 2017.