The Business Times
business-time-50
TOPLINE

New Keppel Infrastructure Trust CEO wants to have his cake and eat it too

Elysia Tan

Elysia Tan

Published Mon, Mar 18, 2024 · 05:00 AM
    • In addition to seeking new investment opportunities, KIT's new CEO Kevin Neo plans to focus on increasing the value of its existing assets.
    • In addition to seeking new investment opportunities, KIT's new CEO Kevin Neo plans to focus on increasing the value of its existing assets. PHOTO: YEN MENG JIIN, BT

    DON’T fix what’s not broken – that’s what Kevin Neo, the new chief executive officer of the trustee-manager of Keppel Infrastructure Trust (KIT), believes when it comes to the trust’s investment and growth strategy.

    Appointed to the helm in October last year, Neo previously played a lead role in several major transactions as a senior member of the trustee-manager’s investment team.

    From wind farms to a waste management company, and – soon – a bus transportation business, KIT’s portfolio might seem highly diversified. But they are all connected by the trust’s focus on sustainable urbanisation, the CEO said.

    ToplineKeppel Infra TrustRenewable energyEnergy transitionWasteUrban transportPublic transportSolar energyWind energySpotlight

    TRENDING NOW

    All STI counters had dropped, with Yangzijiang Shipbuilding leading the decline, down 8.4%, or S$0.39, at S$4.26 as at 9.48 am.

    Singapore tech stocks plunge as Nasdaq bloodbath spills into region

    Several rare Patek Philippe timepieces come with low reserve prices.

    S$3 billion money laundering case: Rare Pateks and Rolexes, diamond-covered Hermes and more head to auction

    OCBC’s Q3 earnings came in slightly above the S$2 billion consensus forecast in a Bloomberg survey of seven analysts.

    OCBC Q3 profit rises 3% to S$2.04 billion, slightly above expectations

    Francis Yeoh, executive chairman of YTL, with Yeoh Pei Xien, vice-president of strategy and transformation at YTL Hotels, at The BTLuxe Edit – Future:Legacy symposium on Oct 28.

    From legacy to launch: Francis Yeoh and Yeoh Pei Xien on family unity and YTL’s next‑gen ventures

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More