In what seems to be a sure-win situation for me, I was offered the right to apply for new shares in Keppel Infrastructure Trust, formerly CitySpring Infrastructure Trust when they merged with the “old” (previous) Keppel Infrastructure Trust. I have vested in this counter since 2013, as I wasn’t too positive on it previously, and also because it wasn’t on it on my radar – in fact, I only went in after the news came out that OpenNet was going to be sold to NetLink Trust back then, which was managed by CityNet, a subsidiary of CitySpring Infrastructure Trust.
I’m sure some financial bloggers which used to have a stake in this business trust (or covered it) have the nitty-gritty details of it’s past rights issues in 2011 and 2013, and to be ......