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Ventura Motors
REITs
KIT announces private placement to raise some $200 mil
KIT intends to declare an advanced distribution from July 1 to the date before the issue of the placement units.
August 27, 2024
M&A
KIT completes acquisition of Australian bus service provider Ventura Motors
Units in KIT closed flat at 45.5 cents on June 3.
June 03, 2024
Broker's Calls
KIT’s Ventura acquisition expected to be accretive despite impact of dilution: OCBC
Lim leaves her estimates unchanged pending further details to the transaction timeline, quantum and composition of funding.
February 06, 2024
M&A
Keppel Infrastructure Trust to acquire majority stake in Australia’s Ventura for A$600 mil
The transaction is expected to be completed in 2Q2024.
February 05, 2024