Public Announcement: This will be the last article covering Keppel Infrastructure Trust (“KIT”) till further notice. The reason is due to the continued distribution by the trust based on EBITDA which have led to a decrease in net asset value over the last few years. This means that the base value of their assets continues to be eroded, which may lead to issues in the future. Furthermore, there has been change in management direction with the acquisition of Ventura Motors, Australia’s largest bus service operator. This is something that is not aligned with me as I had preferred their original portfolio a few years ago. On 4 February 2025, KIT announced their full year result for FY2024. There is sufficient distributable income to sustain their dividend payout. However, Net Asset Value (“NAV”) continues to decrease as distributable income is based on EBITDA. Investors will need to determine if there are any implications moving forward and assess their risk appetite accordingly....