Sunday, December 30, 2018

Portfolio Closing 31/12/2018

STI closed at 3068.76

DBS  ($23.69)
UOB ($24.57)
SPH   ($2.35)
NetLink Trust ($0.765)
SingTel ($2,93)
StarHub ($1.75)
CityDev ($8.12)
Keppel Infra Trust ($0.485)
Olam ($1.65)
Wilmar ($3.09)
SIA ($9.42)
Keppelcorp ($5.91)
SembCorp ($2.54)
SIA Engineering ($2.27)
CDL Trust ($1.46)
AsiaPay TV Trust ($0.127)
Capital China Trust ($1.36)
Ascendas India Trust ($1.08)
Lippo Malls Trust ($0.182)
SuntecReit ($1.78)
OUE Comm Trust ($0.46)
StarHillGlobal Reit ($0.68)
MapleLogistics Trust ($1.26)
SATs ($4.66)
First Reit ($0.985)
KReit ($1.14)
Accordia Golf Trust ($0.505)
SoilBuild Trust ($0.58)
HPH Trust ($0.335)
SingPost ($0.915)
Comfortdelgro ($2.15)
Noble ($0.081)
Dutech ($0.245)
Ezion ($0.046)
ThaiBev ($0.61)
UOL ($6.19)
DBS$800M4.7%NCPS ($104.95)
SBDEC17 GX17120W (25,000)
SBJUN18 GX18060H (12,000)
SBOCT18 GX18100V (13,000)
TEMASEKB231025 (6,000)
ATREAIVB280614 (4,000)

Thursday, November 15, 2018

Keppel Infrastructure Trust to acquire Ixom

Keppel Infrastructure Trust to acquire Ixom

 • Acquisition of one of the leading players in chemicals manufacturing and distribution in Australia and New Zealand extends KIT’s capabilities in the industrial infrastructure space • Provides long-term stable cash flows underpinned by multiple core infrastructure assets and a well-positioned network of infrastructure, increasing DPU stability for Unitholders • Acquisition is expected to be DPU yield accretive • Strengthens KIT’s portfolio and increases AUM to S$5.1 billion

Singapore, 15 November 2018 – Keppel Infrastructure Fund Management Pte Ltd (“KIFM”), in its capacity as Trustee-Manager of Keppel Infrastructure Trust (“KIT”), is pleased to announce that through its wholly-owned subsidiary, it has entered into a share sale agreement with certain funds managed by Blackstone and certain management sellers for the proposed acquisition of a 100% interest in Ixom HoldCo Pty Ltd (“Ixom”). The enterprise value for Ixom is A$1,100 million1 (approximately S$1,097 million2).
 Ixom (together with its subsidiaries, “Ixom Group”) is amongst the leading industrial infrastructure businesses in Australia and New Zealand, supplying and distributing water treatment chemicals which are key to fundamental industries, as well as industrial and specialty chemicals. The Ixom Group manufactures and distributes water treatment chemicals, such as liquefied chlorine, chlorine derivatives and caustic soda (chlor-alkali). The Ixom Group is the sole manufacturer of liquefied chlorine in Australia, as well as a leading provider of manufactured caustic soda. The Ixom Group is also one of the largest bulk and packaged chemical distribution businesses in Australia and New Zealand dealing in chemicals such as sulphuric and nitric acids. The chemicals manufactured and distributed by the Ixom Group are fundamental components used in a range of industries, which have favourable demand outlooks, including water treatment, dairy and agriculture, mining, construction and nickel refining. 
 Underpinning the Ixom Group’s business is a large network of well-positioned infrastructure. This includes chlor-alkali manufacturing facilities and bulk storage sites in key regions across Australia and New Zealand that support the Ixom Group’s import and distribution activities.

Monday, January 22, 2018

MapleLogistics 3Q FY2017/18

Revenue                                     = $98,222K
NPI                                            = $83,023K
Amount Distributable to Shrs   = $58,294K
DPU                                          = 1.907 cents
Total Debt                                  - $2,399m
NAV                                          = $1.05
Avg leverage ratio                     = 37.8%
Avg debt duration                      = 4,6 years
Interest Cover                            = 5.5X