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Keppel Infrastructure Trust (KIT)
Broker's Calls
Brokers' Digest: Sembcorp Industries, Dyna-Mac Holdings, Keppel Infrastructure Trust, Sheng Siong Group, SIA
See what the analysts have to say this week.
June 23, 2023
Broker's Calls
OCBC Investment Research initiates 'buy' on Keppel Infrastructure Trust with target price of 60.5 cents
In analyst Ada Lim's view, acquisitions remain a key growth driver for the trust, which it is well supported to do so.
June 19, 2023
New appointments
Keppel Infrastructure Trust appoints Kevin Neo as deputy CEO
Neo will take over the role of CEO on Oct 1. Chiang will go on to become the CIO (Infrastructure) at Keppel Corp.
June 07, 2023
Right Timing
Do investors prefer corporates to trusts when investing in infrastructure?
Based on market action, investors prefer to invest in corporates such as Sembcorp Industries to an infrastructure trust
May 18, 2023
Sustainability
Keppel Corp and Keppel Infra Trust jointly acquire 16.3% stake in Swedish wind farm for €4.7 mil
Keppel and KIT’s stakes are 2.9% and 13.4% of Fäbodliden II, a 17 megawatt (MW) Swedish onshore wind farm respectively.
May 11, 2023
Company in the news
KIT raises $299.6 mil from equity fund raising with issue prices fixed at the highest end of the range
KIT's placement offering was fixed at 47.7 cents per unit while its preferential offering was fixed at 46.7 cents per unit.
April 27, 2023
Company in the news
KIT to raise $240 mil via private placement and preferential offering
The placement will close on April 19.
April 18, 2023
Results
KIT posts 65.5% increase in 1QFY2023 distributable income to $73.9 mil
Keppel Infrastructure Trust posts higher distributable income and Ebitda for 1QFY2023.
April 14, 2023
Results
Keppel Infra Trust sees 15.8% higher distributable income of $222.5 mil in FY2022
The higher y-o-y distributable income was due to new acquisitions, steady portfolio performance and another record year at Ixom.
January 30, 2023
New appointments
KIT's Korean subsidiary re-appoints Lee Soo Young as CEO
Lee was EMK’s CEO since January 2020.
January 03, 2023