Keppel Infrastructure Trust Issues Units for Base Fee Payment

Keppel Infrastructure ( (SG:A7RU) ) just unveiled an announcement.

Keppel Infrastructure Fund Management Pte. Ltd., the trustee-manager of Keppel Infrastructure Trust, announced the issuance of 1,646,787 units at S$0.4472 per unit as part of the base fee payment for the period from 1 July 2024 to 31 December 2024. This issuance represents 6.0% of the base fee, with the remaining 94.0% paid in cash, and reflects the trust’s ongoing commitment to its structured fee payment strategy as outlined in its trust deed.

More about Keppel Infrastructure

Keppel Infrastructure Trust (KIT) operates as a business trust in Singapore, focusing on infrastructure investments. It is managed by Keppel Infrastructure Fund Management Pte. Ltd., which oversees its portfolio of essential infrastructure assets.

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Technical Sentiment Consensus Rating: Buy

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