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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: Asset manager Keppel said on Monday (Aug 11) it will sell M1's telecom operations to operator Simba Telecom for an ...
Singapore’s Keppel Ltd. is looking to divest its interest in one of the country’s major telecommunication providers for an ...
Keppel will receive close to S$1.0 billion in cash proceeds for its 83.9% effective stake in M1, while retaining M1’s ...
Speculation had centred on StarHub instead of Simba as the likely buyer until the announcement. Read more at straitstimes.com ...
Singapore’s telecommunications sector is seeing a fresh wave of consolidation, with StarHub completing its S$105.2 million ...
Global asset manager Keppel has entered into a share purchase agreement to divest its subsidiary M1’s telco business to ...
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 ...
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.
Despite M1 impacting Keppel's pro forma EPS negatively, proceeds can be deployed to new funds and/ or dividends enhancing ...
Keppel will receive nearly $1 billion in cash for its 83.9 per cent effective stake in M1. Read more at straitstimes.com.