Accretive Acquisition and Portfolio Resiliency
4
Accretive acquisition that strengthens portfolio resiliency
Enhance KIT's income diversification with maiden acquisition in South Korea
Growing Environmental Services segment from 8% to 15% of AUM as at 30 Jun 2022: key essential businesses and assets
with defensive cash flows
Expansion into South Korea, a key market identified for growth: Rated AA by international credit agencies
New income stream from Environmental Services segment
Income diversification with expansion into South Korea
Diversification by Asset (%)
Diversification by Geography (%)
As of 30 June 2022
Pro-forma Post-acquisition (1)
As of 30 June 2022
Pro-forma Post-acquisition (1)
Distribution &
Storage, 34%
Distribution &
Storage, 30%
22%
8%
4%
23%
15%
26%
30%
AUM
Environmental
8%
SGD4.7bn
Services, 8%
4%
Energy
Transition, 36%
8%
13%
15%
Environmental
Services, 15%
7%
4%
30%
AUM
SGD4.7bn
4%
AUM
SGD5.3bn
48%
58%
7%
AUM
SGD5.3bn
8%
11%
7%
14%
Energy
Transition, 32%
26%
■Singapore
■Philippines
South Korea
■Australia and New Zealand
Kingdom of Saudi Arabia
■Ixom
■City Energy
Aramco Gas Pipelines Company
Existing Environmental Services assets
Philippine Coastal
KMC
■ EMK
■Trust Assets and Non-Controlling Interest
Note: Figures are as of 30 Jun 2022, unless otherwise stated.
1.
On a proforma basis that KIT consolidates the financials of the Investor Holdco and EMK and its subsidiaries
KIT
KEPPEL
INFRASTRUCTURE 12
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