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Keppel T&T mulls over Reit listing

Group says it's reviewing properties for data centre Reit; stock leaps 14.6% to 5-year high

Published Fri, Jan 3, 2014 · 10:00 PM
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Singapore

KEPPEL Telecommunications & Transportation (Keppel T&T) is thinking of listing a data centre real estate investment trust (Reit) on the mainboard of the Singapore Exchange.

The news sent the counter's stock price to a five-year high, jumping 14.6 per cent, or 22.5 cents, to S$1.77 in trading yesterday.

Keppel T&T said it was reviewing the properties that will form the Reit's portfolio and the terms on which they will be injected into the trust.

Other details, such as the size and timeframe of any offering to be made where the …

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