Keppel Infrastructure's Asset Divestment May Improve Balance Sheet -- Market Talk

Dow Jones
2025/06/30

0531 GMT - Keppel Infrastructure Trust's balance sheet is poised to improve on the divestment of its 24.62% stake in Australia's Ventura Motors for roughly S$109 million, CGS International analysts say in a research report. The trust's gearing could trend lower, assuming management uses the divestment proceeds to reduce debt, they say. A strengthened balance sheet for the trust with better debt headroom could pave the way for accretive acquisitions. The brokerage likes the trust for its diversified income streams and attractive returns, amid a favorable rate outlook. CGS International initiates coverage of the trust with an add rating and a target price of S$0.45. Units are 1.3% higher at S$0.40. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

June 30, 2025 01:31 ET (05:31 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10