Keppel Infrastructure pre-markets deal with target of $394m

Singapore-based Keppel Infrastructure Trust (KIT), a business unit of Keppel Corporation, has begun pre-marketing 2015’s first major equity deal of 2015, with a target of S$525 million ($394.5 million). Sovereign wealth fund Temasek Holdings is the largest shareholder in Keppel Corporation, with 20.45 percent of the issued shares.