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Keppel Infrastructure Trust (KIT)
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.
June 10, 2021
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.
May 27, 2021
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.
April 19, 2021
New appointments
Ixom announces new interim CEO as part of planned leadership renewal
Head replaces outgoing CEO Paul Atkinson with immediate effect.
February 26, 2021
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.
February 04, 2021
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.
January 27, 2021
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%.
January 27, 2021
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).
December 08, 2020
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.
December 03, 2020
Results
Keppel Infra Trust reports 'resilient' EBITDA of $83.0 mil for 3Q2020
For the nine-month period, group EBITDA surged 38% y-o-y to $283.7 million.
October 21, 2020