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Keppel Infrastructure Trust (SGX: A7RU): 2024 First Quarter Business Update

On 3 May 2024, Keppel Infrastructure Trust (“KIT”) announced their 2024 first quarter business update. Their distributable income for the quarter is sufficient to sustain their dividend payout. However, it has decreased significantly compared to the same period in the previous financial year. Without excess buffer from distributable income, this caused gearing to increase unfavorably […]

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