HOCK LOCK SIEW

Keppel shareholders should 'hope for the best, prepare for the worst' on Temasek's offer

"DEAL or no deal?" has been trending among investors since Keppel Corp's record quarterly loss cast a cloud over Temasek Holdings' bid for the conglomerate.

Keppel posted a staggering S$697 million loss for the three months to June from a net profit of S$153 million a year ago, led by