Keppel Infrastructure Trust (KIT)

Keppel Infrastructure Trust appoints Keppel Capital executive as new CEO - THE EDGE SINGAPORE

New appointments

Keppel Infrastructure Trust appoints Keppel Capital executive as new CEO

Jopy Chiang will be CEO of KIT's trustee-manager with effect from Aug 1.
Keppel Infrastructure Trust to make further arbitration provisions of $23.8 mil for Basslink legal costs - THE EDGE SINGAPORE

Company in the news

Keppel Infrastructure Trust to make further arbitration provisions of $23.8 mil for Basslink legal costs

KIT had already recognised $76.2 million in arbitration provisions in FY20.
Basslink extends financing for Basslink Interconnector - THE EDGE SINGAPORE

Company in the news

Basslink extends financing for Basslink Interconnector

The update is not expected to have a material impact on KIT's finances for the FY2021.
Keppel Infrastructure reports 0.2% dip in EBITDA to $98 mil in 1Q21 business update - THE EDGE SINGAPORE

Results

Keppel Infrastructure reports 0.2% dip in EBITDA to $98 mil in 1Q21 business update

The trust also reported 15.6% y-o-y growth in operational cash flows to $66.5 million.
Ixom announces new interim CEO as part of planned leadership renewal - THE EDGE SINGAPORE

New appointments

Ixom announces new interim CEO as part of planned leadership renewal

Head replaces outgoing CEO Paul Atkinson with immediate effect.
DBS ups Keppel Infra Trust's TP to 61 cents on better-than-expected cash flows - THE EDGE SINGAPORE

Broker's Calls

DBS ups Keppel Infra Trust's TP to 61 cents on better-than-expected cash flows

As at 12.11pm, units in KIT are trading 0.5 cent lower or 0.9% down at 53.5 cents.

New appointments

Keppel Infra Trust appoints Daniel Ee as chairman

Ee will succeed Koh Ban Heng, who will be retiring with effect from Feb 1.
Keppel Infra Trust declares unchanged 4Q20 DPU of 1.86 cents, reports overall loss for FY2020 - THE EDGE SINGAPORE

Results

Keppel Infra Trust declares unchanged 4Q20 DPU of 1.86 cents, reports overall loss for FY2020

Total DPU for FY2020 stood at 3.72 cents, translating to an annualized distribution yield of 6.8%.
Keppel Infrastructure Trust and Philippine partner to acquire Philippines' largest petroleum products import storage facility - THE EDGE SINGAPORE

M&A

Keppel Infrastructure Trust and Philippine partner to acquire Philippines' largest petroleum products import storage facility

The purchase consideration payable by KIT is estimated to be some US$267.0 million ($357.6 million).

Company in the news

KIT's Basslink to fork out A$38.5 mil in damages; A$31 mil in unpaid fees not recoverable

Units in KIT closed 0.5 cent lower or 0.9% down at 55 cents on Dec 3.
×