Keppel Infrastructure Trust Completes Acquisition of Ventura Motors

MT Newswires06-04

Keppel Infrastructure Trust (SGX:A7RU) completed the acquisition of around 97.68% interest in Ventura Motors, according to a filing with the Singapore Exchange on Monday.

Ventura is a provider of transport services and operates around 1,200 routes in Australia.

The company funded the acquisition through a term loan facility.

Following the completion of the acquisition, the company’s assets under management are at SG$8.8 million.

The trust's shares were down 1% recently.

Price (SGD): S$0.45, Change: S$-0.01, Percent Change: -1.10%

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