Keppel Infrastructure Trust (KIT)

SINGAPORE (Apr 15): The trustee-manager of Keppel Infrastructure Trust (KIT) has announced a total distribution per unit (DPU) of 0.93 cents for the 1Q19 ended March, unchanged from a year ago.

SINGAPORE (Mar 14): The trustee-manager of Keppel Infrastructure Trust (KIT) announced Thursday is launching a rights issue to raise gross proceeds of $450 million.

SINGAPORE (Feb 18): Desalination — the process of turning vast amounts of water from oceans and rivers into fresh water — has been held up as the hope of water-starved nations such as Singapore.

SINGAPORE (Jan 23): DBS Vickers Securities continues to rate Keppel Infrastructure Trust (KIT) at “buy” at an unchanged target price of 58 cents post the release of KIT’s 4Q18 results where DPU came in flat at 93 cents, in line with expectations.

SINGAPORE (Jan 22): The trustee-manager of Keppel Infrastructure Trust (KIT) has reported a Distribution per Unit (DPU) of 0.93 cent for the 4Q18 ended Dec 31 2018, unchanged from the same quarter a year ago.

SINGAPORE (Oct 30): Singapore's Keppel Infrastructure Trust said it has been selected as the preferred bidder for Blackstone Group's sale of Australian chemical firm Ixom Holdco.

SINGAPORE (Oct 30): Keppel Infrastructure Trust (KIT) is reportedly named the official preferred bidder for IXOM, Blackstone’s Australian chemicals business formerly owned by multinational corporation Orica.

SINGAPORE (Oct 18): DBS Vickers Securities is maintaining its “buy” call on Keppel Infrastructure Trust (KIT) with a 58-cent price target after the trust’s latest reported DPU of 0.93 cent for 3Q came in line with expectations.

SINGAPORE (Oct 16): The trustee-manager of Keppel Infrastructure Trust (KIT) declared a DPU of 0.93 cents for 3Q18 ended Sept, unchanged from a year ago. This brings 9M18 DPU to 2.79 cents.

(Oct 15): Keppel Infrastructure Trust is nearing an agreement to acquire Ixom, an Australian chemical company controlled by Blackstone Group LP, people with knowledge of the matter said.