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14 May 2025
Keppel Management Ltd. FY2024 Audited Accounts: Snapshot of Financial Position and Regulatory Landscape
Summary:
- The audited consolidated financial statements for Keppel Management Ltd. and its subsidiaries for the financial year ended 31 December 2024 have been presented.
- The independent auditor has confirmed that the consolidated financial statements provide a true and fair view of the Group's financial position as at 31 December 2024 and its financial performance for the year.
- As at 31 December 2024, key asset values included properties held for sale at $1,821 million and investment properties at fair values of $5,217 million.
- The Group had unutilised tax losses and capital allowances of $485.9 million as at 31 December 2024, with related tax benefits not recognised.
- The Base Erosion and Profit Shifting (BEPS) Pillar Two model rules are applicable to the Group.