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Business Times·Business

KIT to buy 70% of power plant for up to S$111.6m

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KIT to buy 70% of power plant for up to S$111.6m

Keppel Infrastructure Trust plans to buy a 70 per cent stake in a power plant for up to S$111.6 million. The deal could lift its distribution per unit by about 5.1 per cent, to S$0.0414.

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