SingPost won’t reveal final TradeGlobal report to shareholders

SINGAPORE (July 21): Key discussions points raised at SingPost’s AGM on Thursday by investors revolved around the review of TradeGlobal acquisition and the group's transformation process as an e-commerce logistics player.

See: SingPost chairman Simon Israel hospitalised; non-exec director Fang Ai Lian to chair AGM

On the review of TradeGlobal acquisition, what shareholders really wanted to know became very clear: How did SingPost make the mistake of acquiring TradeGlobal at the price it did? Who was responsible for it? And, what action was SingPost going to take?

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