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TheFinance.sg

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Keppel Infrastructure Trust - Equity fund raising may impact distribution outlook

What happened? Keppel Infrastructure Trust (KIT) completed a private placement of 456.6m new units at S$0.438 each in early September 2024. This represents 8.2% of existing unit base and 7.5% of the enlarged unit base of 6,083.3m. The placement

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