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Speculation had centred on StarHub, instead of Simba, as the likely buyer until the announcement. Read more at ...
SINGAPORE] Once the world’s largest offshore rig builder, Keppel is doubling down on efforts to transform into an asset ...
Singapore’s Keppel Ltd. is looking to divest its interest in one of the country’s major telecommunication providers for an ...
SINGAPORE (Reuters) -Singapore's Keppel is selling its 83.9% stake in subsidiary M1 Ltd to Simba Telecom while retaining the ...
Despite M1 impacting Keppel's pro forma EPS negatively, proceeds can be deployed to new funds and/ or dividends enhancing ...
The market has also reacted positively to Keppel’s $500 million share buyback programme, notes Morningstar Equity Research analyst Xavier Lee.
Singapore's Keppel said on Monday it would receive net cash of S$1 billion ($778.15 million) for its 83.9% stake in ...
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 ...
Keppel will receive close to S$1.0 billion in cash proceeds for its 83.9% effective stake in M1, while retaining M1’s ...
One view is that an enlarged Simba with its surprise takeover of M1 could lead to more intense competition. Read more at ...
Singapore asset manager Keppel announced on Aug. 11 that it will sell the telecom operations of its subsidiary M1 to Simba ...
Singaporean company Keppel has today announced plans to sell M1's telecom business to Simba Telecom for an enterprise value ...