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Keppel Infrastructure ( (SG:A7RU) ) has shared an update.
Keppel Infrastructure Trust held an Extraordinary General Meeting to discuss a significant investment in Global Marine Group, a leading subsea cable solutions provider. This strategic move is expected to enhance KIT’s portfolio and strengthen its position in the infrastructure sector, potentially impacting stakeholders by expanding its service offerings and market reach.
The most recent analyst rating on (SG:A7RU) stock is a Buy with a S$0.50 price target. To see the full list of analyst forecasts on Keppel Infrastructure stock, see the SG:A7RU Stock Forecast page.
More about Keppel Infrastructure
Keppel Infrastructure Trust (KIT) operates in the infrastructure industry, focusing on investments in essential services and facilities. Its primary services include managing and investing in infrastructure assets, with a market focus on sustainable and long-term infrastructure solutions.
Average Trading Volume: 6,423,495
Technical Sentiment Signal: Buy
Current Market Cap: S$2.86B
Learn more about A7RU stock on TipRanks’ Stock Analysis page.