Broker Name: CGS International
Date of Report: October 29, 2025
Excerpt from CGS International report.

Report Summary

• Keppel Infrastructure Trust (KIT) benefited from its diverse portfolio, with strong contributions from Australian assets (Ixom and Ventura) offsetting weaker performance in European windfarms and South Korean landfill operations.
• Despite some segments underperforming, KIT maintained stable cash flow and distributable income, reaffirming its attractive dividend yield (8.4%) and raising its target price to S\$0.50, reflecting confidence in future growth, ESG improvements, and ongoing asset diversification.

Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website: https://www.cgs-cimb.com/