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Keppel DC Reit to join STI on Monday

Tay Peck Gek

Tay Peck Gek

Published Thu, Oct 15, 2020 · 09:50 PM

Singapore

KEPPEL DC Reit (real estate investment trust) will become a component stock of the Straits Times Index (STI) on Oct 19, as another Reit - CapitaLand Commercial Trust (CCT) - leaves the STI in preparation for its merger with CapitaLand Mall Trust (CMT).

Singapore Exchange (SGX) said in market updates issued on Thursday that Keppel DC Reit with a market capitalisation of S$4,817 million was the largest stock on the STI reserve list as at Oct 14.

Keppel DC Reit was listed in 2014 as the first pure data centre Reit in Asia, and still rem…

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Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances

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