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CitySpring与Keppel Infrastructure Trust合并?
刚看到新闻,有内幕消息透露CitySpring会与Keppel Infrastructure Trust合并。

这两个Trust都是属于Infrastructure(公共设施),CitySpring是以CityGas的煤气设施为主,而Keppel则以能源(Energy)为主。这两个Trust合并后,对它们的股价会有什么影响呢?

这两个Trust在上星期五(11月14号)已被停止交易,目前依然等待信息。

不管情况怎样,对我来说,我还是依然保持乐观看待CitySpring,尤其是它那两年后会建好的Data Center,还有它所保持的每季0.82cent股息。

以下是从Bloomberg看到的新闻。今天还是继续停止交易吗?

CitySpring Said to Weigh Merger With Keppel Infrastructure

(Nov 14, 2014) - CitySpring Infrastructure Trust (CITY), a Singapore piped-gas supplier backed by Temasek Holdings Pte, is exploring a merger with Keppel Infrastructure Trust, people with knowledge of the matter said.

The two business trusts are negotiating terms of a potential deal and no final decision on whether to proceed has been made, the people said, asking not to be named as the talks are private.

A transaction would combine Singapore’s sole producer of residential gas with Keppel Infrastructure Trust, which generates power from city waste and supplies reclaimed water to industrial users. State investment company Temasek owns 37 percent of CitySpring, which has a market value of S$782 million ($605 million), and is also an investor in Keppel Infrastructure’s parent, data compiled by Bloomberg show.

“There are synergies combining the two companies that Temasek aims to realize,” Desmond Chua, a strategist at CMC Markets in Singapore, said by phone. “As a bigger company, they’ll probably be more accessible to investors. It will also become a one-stop utility.”

Both trusts were suspended from trading in Singapore, pending the release of an announcement. Spokesmen for CitySpring and Keppel Infrastructure said they couldn’t immediately comment. CitySpring units were up 2 percent at 51.5 Singapore cents at the time of the halt, headed for the highest close since June 2011. Keppel Infrastructure gained 0.5 percent.

Low Volumes

An average 221,600 Keppel Infrastructure units changed hands daily in the past year, compared with an average 2.3 million units for trusts listed in Singapore, according to data compiled by Bloomberg. About 737,000 CitySpring units were traded daily over the same period, the data show.

CitySpring’s gas business generated 76 percent of its sales for the year ended March, data compiled by Bloomberg show. The company also supplies desalinated water, transmits electricity and manages telecommunications assets.

Keppel Infrastructure Trust (KIT), with a market value of S$655 million, has a mandate to invest in energy and environmental infrastructure assets in Singapore, Asia Pacific and Europe. It is 49 percent owned by Keppel Corp., a maker of offshore oil rigs whose largest shareholder is Temasek, data compiled by Bloomberg show.

http://www.bloomberg.com/news/2014-11-14/temasek-backed-cityspring-said-to-weigh-merger-with-keppel-arm.html

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