Keppel Infra Trust still keen on Hyflux's SingSpring stake
It is in touch with Hyflux's judicial managers regarding acquisition of 30% stake in desalination plant
Singapore
KEPPEL Infrastructure Trust (KIT) is still keen on acquiring the remaining 30 per cent stake in SingSpring Desalination Plant from Hyflux, and is in touch with Hyflux's judicial managers regarding the process, said chief executive of KIT's trustee-manager Matthew Pollard in an earnings call on Wednesday.
"We are waiting for the process and will be participating potentially in the process that the judicial manager is running," he added.