I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday 19 May 2015

Keppel Infrastructure Trust begins trading after CitySpring merger

It’s the largest infrastructure-focused business trust.
Keppel Infrastructure Trust (KIT) commenced trading on the Singapore Exchange today after completing its merger with CitySpring Infrastructure Trust.

CitySpring Infrastructure Trust announced yesterday that it has completed its acquisition of three of KIT’s assets, namelySenoko Waste-to-Energy (WTE) Plant, Keppel Seghers Tuas WTE Plant and Keppel Seghers NEWater Plant.

“With the injection of these three assets into its portfolio, the enlarged KIT is the largest Singapore infrastructure-focused business trust, listed on the Singapore Exchange,” KIT stated.

KIT will also undertake its approved acquisition of Keppel Merlimau Cogen Plant (KMC), an operating top tier 1,300 MW gas-fired power plant in Singapore.

After the KMC acquisition, which is expected to be completed by 3Q 2015, KIT will have an expected total asset size of over S$4 billion.

The merger was first revealed in November last year. Keppel Corp is the largest unitholder with 22.9% ownership in the trust, while Temasek is the second-largest unitholder with 19.97% ownership in the trust. 


No comments:

Post a Comment

Related Posts with Thumbnails