Axiata

Broker's Calls

M1 remains a takeover target following unravelling of strategic review: UOB

SINGAPORE (Aug 18): UOB Kay Hian has resumed coverage on M1, Singapore’s smallest telco, with a “buy” rating and lower price of $1.98 compared to $2.52 previously, assuming that M1 and StarHub will embark on network sharing now that negotiations hav

M&A

China coal miner said to vie for M1

SINGAPORE (April 27): A coal producer based in China’s Shanxi province and China Broadband Capital are among bidders for US$1.4 billion ($2 billion) Singapore wireless carrier M1, according to people with knowledge of the matter.
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