Straits Times Index
3,426.47 -3.98 (-0.12%) Nikkei
37,667.41 -202.10 (-0.53%) Hang Seng
17,021.31 +16.34 (+0.10%) FTSE 100
8,285.71 +99.36 (+1.21%) Bitcoin USD
68,246.59 +1,237.47 (+1.85%) CMC Crypto 200
1,377.66 +47.05 (+3.54%)
Keppel Infrastructure Trust (A7RU.SI)
| Previous close | 0.4700 |
| Open | 0.4750 |
| Bid | 0.4750 x 0 |
| Ask | 0.4750 x 0 |
| Day's range | 0.4700 - 0.4750 |
| 52-week range | 0.4350 - 0.5150 |
| Volume | |
| Avg. volume | 5,049,352 |
| Market cap | 2.673B |
| Beta (5Y monthly) | 0.46 |
| PE ratio (TTM) | 23.75 |
| EPS (TTM) | 0.0200 |
| Earnings date | 26 Jul 2024 |
| Forward dividend & yield | 0.03 (5.52%) |
| Ex-dividend date | 02 Aug 2024 |
| 1y target est | N/A |
Simply Wall St.Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
- Reuters SG
Deals of the day-Mergers and acquisitions
** Novo Nordisk notched a win in its race to boost output of its popular obesity drug Wegovy, with its parent company announcing it was buying Catalent, a key manufacturing subcontractor of the product, for $16.5 billion. ** Brazilian fashion companies Arezzo & Co and Grupo Soma said they had agreed to a merger to form an entity with yearly revenues of 12 billion reais ($2.42 billion), which will be 54% controlled by Arezzo. ** Drug maker Novartis AG is in advanced talks to acquire MorphoSys AG, a developer of cancer treatments that has a market value of 1.6 billion euros ($1.7 billion), two people familiar with the matter said.
- Reuters SG
UPDATE 1-Keppel Infrastructure to acquire majority stake in Australia's Ventura
Keppel Infrastructure Trust (KIT) said on Monday that it will acquire an around 98.6% stake in Ventura Motors, the largest bus service business in Victoria, Australia, for an enterprise value of A$600 million ($390 million). Ventura Managing Director Andrew Cornwall will remain the CEO, and retain a minority stake in the business, KIT said in a statement, adding that the acquisition will boost its assets under management to around S$8.7 billion ($6.47 billion) from S$8.1 billion, as of Jan. 2. "Ventura is a good match for KIT's portfolio as it generates stable, recurring and predictable cash flows," said Kevin Neo, CEO of KIT's trustee manager Keppel Infrastructure Fund Management.
