Shares & Derivatives
Keppel Infrastructure Trust: Two Rights Issues Don’t Make A Wrong?
By The Lepak Investor  •  June 20, 2015
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 ......
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By The Lepak Investor
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