January 15, 2014 / 9:37 AM / 4 years ago

Keppel T&T hires Credit Suisse, DBS, StanChart for data centre trust IPO - IFR

SINGAPORE, Jan 15 (Reuters) - Keppel Telecommunications & Transportation Ltd, a unit of Singapore conglomerate Keppel Corporation Ltd, has hired Credit Suisse, DBS and Standard Chartered to run the S$500 million initial public offering of a data centre, IFR reported.

The IPO, the first of a data centre trust in Asia, outside Australia, is expected to take place in the first half of this year.

Keppel T&T has data centres in Singapore, Malaysia, Australia, Britain, Ireland and the Netherlands.

Reporting by S. Anuradha of IFR; Writing by Rujun Shen; Editing by Kim Coghill

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