Keppel Infra Trust to make extra $23.8 million arbitration provision for Basslink

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Keppel Infra Trust to make extra $23.8 million arbitration provision for Basslink

The Straits Times2021-06-10

SINGAPORE (THE BUSINESS TIMES) - Keppel Infrastructure Trust (KIT) will make an additional arbitration provision of $23.8 million for its Australian subsidiary Basslink. This is on top of the $76.2 ...

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Jimmy365
·2021-06-10
Okok
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- peterpak:
  thanks !
  2021-06-11
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Derrick0359
·2021-06-10
Wow
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1
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kuahw
·2021-06-10
Yes
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2
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- Derrick0359:
  Good
  2021-06-10
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TK63
·2021-06-10
Like it
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- TK63:
  huat
  2021-06-10
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- kuahw:
  Ok
  2021-06-10
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skyes
·2021-06-10
Lnc plss tqtq
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1
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- DLiew:
  Ok
  2021-06-10
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JasonHong
·2021-06-10
Like & comment
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- Uknow09:
  Like and comment back please
  2021-06-10
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Dave123
·2021-06-10
Like and comment
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- Uknow09:
  Like and comment back please
  2021-06-10
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Zonnie
·2021-06-10
Like and comment
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- Pepeflabs:
  comment back to me too pls
  2021-06-10
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kelvin97
·2021-06-10
Pls like and comment thank you!
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- kelvin97:
  ok
  2021-06-10
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- ShinyHead:
  ok
  2021-06-10
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- ShinyHead:
  help comment back thx
  2021-06-10
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Gfree
·2021-06-10
Okay pls like and comment
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- kelvin97:
  pls like and comment back
  2021-06-10
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- Zonnie:
  COmment Back pla
  2021-06-10
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Jimmyboy
·2021-06-10
Like and comment
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- Gfree:
  ok
  2021-06-10
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- kelvin97:
  pls comment back
  2021-06-10
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Jchptan
·2021-06-10
Comment pls
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- Broker:
  okay
  2021-06-10
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- Shadowrider:
  Ok
  2021-06-10
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- Terry1989:
  ok
  2021-06-10
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Zacyai
·2021-06-10
Time to buy?
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MFME
·2021-06-10
Free money is it?
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- kelvin97:
  yes
  2021-06-10
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CTLT
·2021-06-10
Time to buy?
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2
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- CTLT:
  Ok. thanks for your advice.
  2021-06-10
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- MFME:
  too late... buy rumours sell news ...
  2021-06-10
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- kelvin97:
  maybe?
  2021-06-10
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edgewise
·2021-06-10
Good or bad?
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- US_watchlist:
  great
  2021-06-10
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闪电侠08
·2021-06-10
I
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50160107Acct
·2021-06-10
Go
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MoonK
·2021-06-10
Ok
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Deonc
·2021-06-10
Good
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One arbitration addresses a dispute notice Basslink filed under its services agreement, while the other addresses a dispute notice Hydro Tasmania filed under the same services agreement.\nBasslink has advised that it is in discussions with the State of Tasmania and Hydro Tasmania about paying these costs as part of Basslink's refinancing of its existing debt, KIT's trustee-manager said.\nIt does not expect the additional arbitration provision of $23.8 million to have any financial impact on the trust's distribution per unit for the financial year ended Dec 31, 2021.\nThis is because there is no contractual recourse to KIT under Basslink's operations agreement, services agreement, or financing arrangements. 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