Keppel block priced at lower end of range

Keppel Infrastructure Trust launches Singapore's first major equity deal of the year, seeking up to $394 million to fund a merger and power plant acquisition.

The acquisition is the Philippines’ largest M&A this year and looks smart given pressures on the domestic refining sector and an expected rise in imports next year.

A second US-focused real estate investment trust launches a Singapore IPO in the hope of riding the momentum generated by its closest peer.

Singapore Exchange is on the verge of losing two more big names as Keppel looks to buy out its affiliate telco and infrastructure unit for up to $1.3 million, extending a run of take-privates.

Claims would be based on a breach of international investment agreements, and launched on behalf of Credit Suisse’s AT1 investors from jurisdictions including Hong Kong, Japan, Korea, Singapore and the UAE.

Flotation of Asia's first data centre Reit priced at top of range after attracting very strong institutional demand.