KIT and MPIC held shares in PCSPC through Razor Crest, an indirect 50:50 jointly controlled company between the two companies. Razor Crest entered a sale and purchase agreement on Oct 23, 2024 to sell its entire stake in Hyperion Storage Holdings Corporation to Coral Terminal.
Coral Terminal’s parent entity is Terminal PH Investments, both of which are affiliates of I Squared Capital which is a global infrastructure investment manager.
Units in Keppel Infrastructure Trustclosed flat at 42 cents on March 20.
