Keppel Infrastructure Trust (SG:A7RU) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Keppel Infrastructure Trust (KIT) has announced the proposed issuance of over 1 billion new units, which has received in-principle approval for listing on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST). This move is subject to compliance with the SGX-ST’s continuing listing requirements. The announcement follows KIT’s previous communication about its planned Equity Fund Raising initiative.
For further insights into SG:A7RU stock, check out TipRanks’ Stock Analysis page.