Keppel Infrastructure Trust S$525 million share offer

Overview:

• Keppel Infrastructure Trust has offered shares, aggregating to an amount of S$525 million.
• The company has placed 793 million new KIT units at S$0.52 per unit and a non-renounceable preferential offering of 219 million new KIT units at S$0.515 per unit.
• The combination of Keppel Infrastructure Trust and CIT represents the merger of two independently managed business trusts, which was a first of its kind in Singapore. 

Katrin Kostadinova - Data analyst