Summary: Keppel Infrastructure Trust’s distributable income rose by 27.7% to $65 million in 1QFY2025, driven by a gain on divestment. Assets under management increased to $8.7 billion, with pro forma AUM reaching $9.0 billion following the proposed acquisition of a 46.7% stake in Global Marine Group. The acquisition, valued at $143.1 million, requires unitholder approval.

Link: https://www.theedgesingapore.com/capital/results/keppel-infrastructure-trust-announces-distributable-income-1qfy2025-and-presses