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