Crystal Trust to be delisted on May 22, 2015
Nisha Ramchandani
CRYSTAL Trust, formerly known as Keppel Infrastructure Trust (KIT), will be delisted from Singapore Exchange (SGX) from 9am on May 22, 2015.
"The board of directors of the trustee-manager wishes to announce that the SGX has advised that it has no objection to the delisting of Crystal Trust," Keppel Infrastructure Fund Management said in a release to SGX on Wednesday.
KIT was renamed Crystal Trust to avoid confusion with the enlarged trust, which was formed via a merger between Keppel Infrastructure Trust (KIT) and CitySpring Infrastructure Trust. After the merger was completed, the enlarged trust, or CIT, was renamed Keppel Infrastructure Trust.
Copyright SPH Media. All rights reserved.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Bessent’s bond manoeuvres giving global debasement trade new life
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry