SINGAPORE, July 22 – Singapore Telecommunications said it will to inject S$1.89 billion (RM4.64 billion) worth of infrastructure assets to the trustee-manager of NetLink Trust, a business trust owned by the firm.
SingTel is the sole unitholder of NetLink Trust, whose trustee-manager is CityNet Infrastructure Management. CityNet is a wholly-owned subsidiary of CitySpring Infrastructure Trust. Full story
