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Keppel Infrastructure ( (SG:A7RU) ) has issued an update.
During the Extraordinary General Meeting, Keppel Infrastructure Trust discussed its proposed acquisition of a 50% equity interest in Marina East Water Pte. Ltd., which owns the Keppel Marina East Desalination Plant. This strategic move is anticipated to strengthen the company’s asset base and expand its footprint in sustainable water management solutions, potentially enhancing value for its stakeholders.
More about Keppel Infrastructure
Keppel Infrastructure Trust operates within the infrastructure sector, focusing on projects such as water desalination and energy distribution. Its market focus includes strategic investments in sustainable infrastructure assets to enhance its portfolio and drive growth.
YTD Price Performance: 0.62%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.02B
For detailed information about A7RU stock, go to TipRanks’ Stock Analysis page.
