FORBES ASIA
KEPPEL URBAN SOLUTIONSBANK OF GANSU CN 1484O
BANK OF GREECE GR 1860T
BANK OF GUIYANG CN 1301T
BANK OF HANGZHOU CN 1048T
BANK OF INDIA IN 1292T
BANK OF IRELAND IR 962T
BANK OF IWATE JA 1946S
BANK OF JIANGSU CN 437T
BANK OF JINZHOU CN 907T
BANK OF KYOTO JA 1604S
BANK OF MONTREAL CA 139T
BANK OF NAGOYA JA 1919T
BANK OF NANJING CN 569T
BANK OF NEW YORK MELLON US 162S
BANK OF NINGBO CN 541S
BANK OF NOVA SCOTIA CA 88T
BANK OF QINGDAO CN 1781T
BANK OF QUEENSLAND AU 1841T
BANK OF SHANGHAI CN 358T
BANK OF THE OZARKS US 1874O
BANK OF TIANJIN CN 1221T
BANK OF ZHENGZHOU CN 1258T
BANK PEKAO PL 1106O
BANK RAKYAT INDONESIA ID 415T
BANKIA SP 805 T
BANKINTER SP 1035 S
BANKUNITED US 1466 S
BANQUE CENTRALE POPULAIRE MO 1827T
BANQUE MAROCAINE DU
COMMMERCE EXTERIEUR MO 1936S
BANQUE SAUDI FRANSI SU 987T
BAOSHAN IRON & STEEL CN 236S
BARCLAYS UK 480 T
BARRATT DEVELOPMENTS UK 1518T
BARRICK GOLD CA 791T
BARRY CALLEBAUT SZ 1826S
BASF GE 82 S
BASLER KANTONALBANK SZ 1824S
BAWAG AS 1379O
BAXTER INTERNATIONAL US 719T
BAYER GE 100T
BAYWA GE 1710 T
BB&T US 255 T
BBMG (CONSTRUCTION) CN 1362T
BBVA BANCO CONTINENTAL PE 1780T
BBVA-BANCO BILBAO VIZCAYA SP 116T
BCE CA 333 T
BCI-BANCO CREDITO CH 1130S
BCV SZ 1724 T
BDO UNIBANK PH 1072T
BECTON DICKINSON US 669T
BED BATH & BEYOND US 1649T
BEIERSDORF GE 978 T
BEIJING CAPITAL DEVELOPMENT CN 1534S
BEIJING ENTERPRISES HK 1174T
BEIJING SHOUGANG CN 1561S
BENDIGO & ADELAIDE BANK AU 1644T
BERKELEY UK 1744O
BERKSHIRE HATHAWAY US 4 T
BERRY GLOBAL US 1891O
BEST BUY US 642T
BGF RETAIL KO 1533O
BHARAT PETROLEUM IN 672T
BHARTI AIRTEL IN 827T
BHP BILLITON AU 108S
BID SA 1972T
BIOGEN US 425 T
BIOMARIN PHARMACEUTICAL US 1999T
BIO-RAD LABORATORIES US 1764O
BLACKROCK US 185 S
BLOM BANK LE 1557T
BLUESCOPE STEEL AU 1538S
BMW GE 40S
BNK FINANCIAL KO 1443T
BNP PARIBAS FR 19S
BOE TECHNOLOGY CN 506S
BOEING US 52 S
BOHAI FINANCIAL INVESTMENT CN 1456S
BOK FINANCIAL US 1816S
BOLIDEN SW 1346 S
BOMBARDIER CA 1135 S
BOOKING US 398S
BORGWARNER US 1330 S
BOSTON PROPERTIES US 1159T
BOSTON SCIENTIFIC US 965T
BOUYGUES FR 423 S
BP UK 36 S
BPER BANCA IT 1352S
BRAMBLES AU 1644 T
BRASKEM BR 834 S
BRENNTAG GE 1403 T
BRF BR 1773 T
BRIDGESTONE JA 313 T
BRIGHTHOUSE FINANCIAL US 1135O
BRILLIANCE CHINA AUTO HK 1762T
BRISTOL-MYERS SQUIBB US 410T
BRITISH AMERICAN TOBACCO UK 88S
BRITISH LAND UK 1368S
BRITISH SKY BROADCASTING UK 518S
BROADCOM US 200 S
BROADRIDGE FINANCIAL US 1815O
BROOKFIELD ASSET MGMT CA 165S
BROWN-FORMAN US 1219 T
BT UK 282T
BUNGE US 967 T
BUNZL UK 1413 T
BUREAU VERITAS REGISTRE INTL
DE CLASSIFIC FR 1966T
BURLINGTON STORES US 1895O
BYD (CONSUMER DURABLES) CN 694T
C.H. ROBINSON US 1085T
CA US 1514 T
GLOBAL 2OOO
SUP TDOWN
OUNCHANGED ONEW
ASIAN COMPANIES ARE IN RED TYPE
of the auspicious number eight. In one pod there’ll
be residential towers and international schools; the
other includes a stadium, recreation facilities, shops,
restaurants and oices. Keppel expects to complete
phase one in 2021. What will make it a smart city?
Residents will be able to use a smartphone app to
control home-security settings, appliances, lighting
and the temperature as well as to monitor how quick-
ly their electric cars are being charged or to pinpoint
vacant parking spaces. Technology outits will be en-
couraged to use the project’s cloud-based platform to
develop additional apps. Meanwhile, Keppel will col-
lect copious amounts of data it can use to improve
services, make buildings more energy-eicient and
gain insights into the consumer behavior of its resi-
dents that will help its commercial tenants.
his year Keppel ranks No. 1,634 on Forbes Asia’s
Global 2000 list. he stock is up 58% since early
2016, boosting its market capitalization to $10 bil-
lion. his year’s revenue is expected to come in at
$4.9 billion, 13% higher than 2017’s, according to an
average of analysts’ estimates compiled by Bloom-
berg. Net proit is seen jumping from $157 million
last year to $788 million in 2018, buoyed by strongproperty sales. It was welcome news aer a string of
headlines about a corruption scandal in Brazil that
hammered proits last year (see box, opposite). “What
diferentiates Keppel is that we want to be involved
for the long term,” says Loh, noting that its role as an
owner and manager is a plus for commercial tenants
and residential owners. “If you are building some-
thing, and you know you are going to run it, then you
will have a more thoughtful, high-quality design.”
Loh, who turns 57 this month, joined Keppel in
2002 and started a Keppel unit, Alpha Investment
Partners, where he served as managing director. He
was tapped as Keppel’s chief inancial oicer in 2012
and stepped up to CEO in 2014.
Keppel’s experience in huge urban projects over
the past 20 years fuels Loh’s conidence. In China,
for instance, Keppel leads the Singapore consortium
that’s helping to build Tianjin Eco-City. Started in
2008, it’s a joint venture of the China and Singapore
governments and designed as a model to be repli-
cated across the mainland. (he China consortium
comprises several Chinese developers.) Today what
was a gargantuan salt pan is now a city of 80,000 on
its way to 350,000, with 6,000 companies. Its smart
technology includes streetlamps that monitor traf-REUTERS/ISSEI KATO (TOP)42 | FORBES ASIA JUNE 2018Bandai Namco 1756
The creator of arcade classic Pac-Man and popular
fighting tournament Tekken is among the top ten
listed videogame sellers worldwide. It racked up $2.4
billion in such revenue last year, trailing the likes of
Chinese giant Tencent, Sony and Nintendo. Japan’s
third-largest game developer is also strengthening its
presence in the Americas, its next biggest market. In
July it will kick of a North American tour to promote
the popular Dragon Ball games, based on the epony-
mous manga and anime series. The company pub-
lished its latest Dragon Ball FighterZ game in January.
Bandai Namco also earned $1.2 billion last year from
the game services it provided to Apple and Google, its
two major clients. It also has interests in toys, anime,
arcades and amusement parks. Its assets include a
virtual reality (VR) entertainment zone in Tokyo’s
Shinjuku district; with a collection of 15 attractions over
37,700 square feet, it is Japan’s largest VR facility. BOE Technology 506One of today’s modern technological wonders is the
flat-panel liquid crystal display (LCD) screen, the
key component in televisions, computer monitors
and smartphones. The entire world’s supply is made
within two time zones in East Asia. One of the big
players in flat-panel production is Beijing’s BOE
Technology Group, which recently opened its Gen
10.5 factory in Hefei, the capital of China’s Anhui
Province. Gen 10.5 is the third factory, or “fab,” that
BOE has built in Hefei, and in terms of capability it is
now the most advanced in the world. And the fab is
enormous, just over a kilometer from one end to the
other. Press reports say BOE spent $6.95 billion on
Gen 10.5, part of an overall $15.2 billion expansion.
BOE has a total of 10 fabs (with 2 under construc-
tion) throughout China. –Willy Shih