SingPost

SingPost in 'exclusive' talks over divestment of Australia assets - THE EDGE SINGAPORE

Company in the news

SingPost in 'exclusive' talks over divestment of Australia assets

The possible sale is part of SingPost's ongoing 'strategic review'
Maybank initiates 'buy' call on 'deeply undervalued' SingPost with 74 cents target price  - THE EDGE SINGAPORE

Broker's Calls

Maybank initiates 'buy' call on 'deeply undervalued' SingPost with 74 cents target price

Proceeds from the potential sale of SingPost's Australia businesses and Singapore properties can help pare debt and interest costs.

Broker's Calls

OCBC, UOB Kay Hian maintains call on SingPost, CGS International trims target price

SingPost's 1HFY2025 numbers improved but fell short of expectations due to higher interest costs

Results

SingPost's 1HFY2025 earnings nearly double, declares higher dividend

The company plans to pay an interim dividend of 0.34 cents per share, up 89% from 1HFY2024's 0.18 cents
SingPost announces collaboration with U Stars Supermarket to introduce POPStop services in stores island wide - THE EDGE SINGAPORE

Company in the news

SingPost announces collaboration with U Stars Supermarket to introduce POPStop services in stores islandwide

U Star Supermarkets is a home-grown lifestyle supermarket retail chain, with 22 stores island wide.
SingPost clarifies reports on potential sale of its Australian business  - THE EDGE SINGAPORE

Corporate moves

SingPost clarifies reports on potential sale of its Australian business

According to the group, there is currently no certainty of any transaction.
SingPost to trial mail delivery involving MRT trains - THE EDGE SINGAPORE

Transport

SingPost to trial mail delivery involving MRT trains

The use of MRT trains by SingPost will be on top of its existing fleet of delivery vehicles
SingPost appoints Merrill Lynch to "formulate options" for Australia business - THE EDGE SINGAPORE

Company in the news

SingPost appoints Merrill Lynch to 'formulate options' for Australia business

SingPost wants to establish 'an independent valuation benchmark'

Insider moves

Alibaba trims SingPost stake via married deal at 46 cents each

With the sale, Alibaba is left with a stake of 11.34% in SingPost
A reset, reboot and revalue from MSCI's 'killer blow' - THE EDGE SINGAPORE

Global Markets

A reset, reboot and revalue from MSCI's 'killer blow'

Many SGX companies have undergone structural transformation and the results are showing up in their share prices
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