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Singapore's Keppel is selling its 83.9% stake in subsidiary M1 Ltd to Simba Telecom while retaining the non-telecoms ...
Singapore-based Keppel is selling M1’s telecom business to rival Simba Telecom for $1.43 billion, marking the first major ...
Speculation had centred on StarHub instead of Simba as the likely buyer until the announcement. Read more at straitstimes.com ...
Simba is known for its low-cost, high-data mobile plans and this could pressure other telcos to cut their prices, one analyst ...
Keppel said it has agreed to sell its 83.9% stake in Singapore-based mobile carrier M1 to Simba Telecom for almost S$1 ...
Singapore’s Keppel Ltd. is looking to divest its interest in one of the country’s major telecommunication providers for an ...
StarHub will acquire remaining 49.9 per cent share in MyRepublic's broadband business. Read more at straitstimes.com. Read more at straitstimes.com.
Keppel Ltd (Keppel) is divesting M1’s telco business to Simba Telecom for an enterprise value of S$1.43 billion in an all-cash deal.
GMT - Keppel Ltd.'s proposed sale of M1's telecommunications business is likely to be positive for the Singapore-listed asset manager, Citi analysts Brandon Lee and Arthur Pineda say in a note. The ...
Singapore's Keppel said on Monday it would receive net cash of S$1 billion ($778.15 million) for its 83.9% stake in ...
Despite M1 impacting Keppel's pro forma EPS negatively, proceeds can be deployed to new funds and/ or dividends enhancing ...