Keppel DC Reit, Keppel Infrastructure Trust:
The managers of Keppel DC Reit requested a trading halt on Monday morning before the market opened, on the back of news that the Reit is raising some S$473.8 million, mainly to fund the acquisition of 1-Net North Data Centre. DataCentre One is a joint venture company by Keppel Infrastructure Trust's subsidiary, CityDC, and WDC Development. The JV company was formed in June 2014 to develop, build and lease 1-Net North Data Centre.
company's controlling shareholder, Phua Chian Kin, that he has received offers for the shares in the company held by him . Mr Phua, who has been in the spotlight for allegedly instructing unauthorised transactions totalling S$6.55 million made by Tee International subsidiaries to related parties, also updated the company on the same night of his shareholdings in the company, which stands at a direct interest of 39.24 per cent and a deemed interest of 6.37 per cent. Trading in Tee International's shares has been halted, with the counter last trading at 3.5 Singapore cents on Sept 12, up 12.9 per cent, or 0.
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