Keppel Infra Tr New Unit (KPLIF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Welcome to the FY25 Results Audio Webcast for Keppel Infrastructure Trust, or KIT. I'm Marilyn from the Keppel IR and Sustainability Team. Let me introduce the KIT Management Team. We have with us this morning, CEO, Mr. Kevin Niu, CFO, Mr. Raymond Bay, and Director of Portfolio Management, Mr. Kan Chun Sa, They will be making a presentation that will cover KIT's FY25 highlights and business strategy, followed by the FY25 business and financial update. Please leave your questions for the Q&A session at the end of the presentation. For analysts who are joining us on the MS Teams platform, please check now that you're on mute before we start the presentation. I will now hand the time over to Kevin. for the presentation. Kevin, please. All right. Thanks, Madeleine. Good morning, everyone, and thank you for joining us today. 2025 marks the 10th year of KIE's trading commencement as an enlarged trust, and we are glad to report a strong KIE unit order return of 36% in the last 10 years. With more than 18 years of infrastructure investment and management experience, KIE has built a strong track record and continues to grow through acquisitions and veteran relations. We have accumulated a portfolio of very attractive assets that are essential to our daily lives. We are the sole producer and retailer of pipe town gas in Singapore. We supply 13% of commercial power in Singapore. We produce more than 20% of the drinking water in Singapore as well. of global subsea cables by length. As at 31st December 2035, KID's AUM stood at approximately 9.1 billion. This is anchored by essential businesses and assets in developed markets across four segments, namely energy transition, environmental services, distribution and storage, and digital infrastructure. The nex...