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Is Keppel Shipyard operated by the Singapore government?
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Keppel (Nantong) Shipbuilding Co., Ltd. is a wholly-owned enterprise established by KS Investment Co., Ltd., a subsidiary of Keppel Group in Singapore, after acquiring the bankruptcy assets of the former Nantong Fishing Factory. With a total investment of US$ 25 million and a registered capital of US$10,000, the company is the first productive enterprise to invest in China.
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