The payment of the balance has now been extended to Sept 22 instead.
Discussions with the Brazilian authorities still remain ongoing.
The sum was first determined under the deferred prosecution agreement (DPA) that Keppel Offshore & Marine (Keppel O&M) entered into with the US Department of Justice on Dec 22, 2017.
The DPA was part of Keppel O&M’s global resolution with criminal authorities in the US, Brazil and Singapore in relation to the corrupt payments made by Keppel O&M’s former agent in Brazil.
See also: Seatrium wins FSRU conversion contract from Kinetics
Shares in Keppel Corp closed at $6.90 on June 10.
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