Past CitySpring Milestones

18 May 2015 Acquisition of the business undertakings and assets of Crystal Trust, previously known as Keppel Infrastructure Trust, by CitySpring Infrastructure Trust.
30 April 2015 Both CIT and KIT received approvals from their respective Unitholders for the acquisition of the 51% stake in KMC and the formation of an enlarged trust
18 November 2014 Keppel Infrastructure Trust proposed to combine with CIT and also proposed to acquire 51% of Keppel Merlimau Cogen Pte. Ltd.
30 June 2014 CIT entered into a joint venture with Shimizu Corporation to construct a new 214,000 sf Tier III data centre in Singapore. Built at the cost of S$130 million, 1-Net North Data Centre will on long-term lease to 1-Net Singapore Pte Ltd, a MediaCorp subsidiary
28 November 2013 CityNet, in its capacity as trustee manager of NetLink Trust, completed the acquisition of OpenNet Pte. Ltd. and became the owner of Singapore’s Next Generation National Broadband Network
18 July 2013 City-OG Gas Energy Services was granted a Gas Retailer's Licence from the Energy Market Authority, authorising it to retail gas in certain parts of Singapore
11 March 2013 City Gas and Osaka Gas Co., Ltd. established a joint venture, City-OG Gas Energy Services, to market and sell natural gas to industrial customers in Singapore
22 September 2011 IDA granted a facilities-based operator licence to CityNet as trustee-manager of NetLink Trust for the ownership, installation, operation and maintenance of telecommunications infrastructure assets, and for the provision of access to and use of the same (including the provision of operation and maintenance services) to other telecommunication licensees
22 July 2011 CityNet Infrastructure Management (CityNet), a wholly-owned subsidiary of CIT, was appointed trustee-manager of NetLink Trust, which was established as part of Singapore Telecommunications Ltd’s undertaking to transfer telecommunications infrastructure assets to an independent entity to meet the Infocomm Development Authority of Singapore’s (IDA) effective open access requirements
16 July 2009 Basslink Telecoms was launched, tapping on the fibre optic cable installed alongside the Basslink Interconnector and offering a range of wholesale telecoms broadband services between Tasmania and Victoria
10 Nov 2008 Basslink signed an agreement with Aurora Energy Pty Ltd to deliver telecommunications broadband services to Tasmania, clearing the way for commercialisation of the fibre optic cable installed alongside the Basslink Interconnector
16 May 2008 City Gas signed a Supplemental Gas Purchase Agreement with Gas Supply Pte Ltd for the additional purchase of 35.16 trillion Btu of natural gas over a period of 15 years
7 April 2008 City Gas was granted a Gas Shipper Licence by the Energy Market Authority, authorising City Gas to transport gas in Singapore for a period of 10 years
31 March 2008
City Gas was issued a Gas Retailer Licence by the Energy Market Authority, authorising City Gas to retail natural gas and to produce and retail town gas in Singapore for a term of 10 years
31 August 2007 CIT purchased 100% of Basslink, the only electricity interconnector between Tasmania and mainland Australia, for an enterprise value of A$1.175 million
12 February 2007 Listing of CIT on SGX-ST Main Board
9 January 2007 CitySpring Infrastructure Management lodged a Preliminary Prospectus with the Monetary Authority of Singapore for the proposed Initial Public Offering of CIT and its proposed listing on the SGX-ST
5 January 2007 Constitution of CitySpring Infrastructure Trust (CIT) with an initial portfolio comprising 100% of City Gas and 70% of SingSpring
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