Kep Corp - CE for KGT

KGT’s listing will be distributed by way of a dividend in specie to entitled shareholders in proportion to their holdings in Keppel, with every entitled shareholder receiving 1 Unit for every 5 shares held. The distribution amounts to approximately S$379 million in the form of up to 326 million KGT Units. This translates into an implied value of approximately S$1.16 per KGT Unit, and a distribution value per share of approximately 23 cents.