strategic review

Investors have responded positively to SingPost strategic review, while analysts kept their "add" and "buy" calls.

The group will also adopt a new dividend policy to pay out between 30% to 50% of underlying net profit from FY2024/2025.

A financial adviser will also be appointed in connection with the review.

SINGAPORE (Oct 3): Y Ventures Group has appointed Evolve Capital Asia as a financial advisor to conduct a strategic review of the company.

SINGAPORE (Apr 15): Units in Asian Pay Television Trust (APTT) have jumped 15.5% to 14.9 cents as at 3pm on Monday after the group announced it is undertaking an independent strategic review.

SINGAPORE (Oct 4): Analysts are staying positive on StarHub, after the telco yesterday announced a strategic transformation review, which will include the laying off about 300 of its full-time staff.

SINGAPORE (Sept 20): mm2 Asia, whose CEO Chang Long Jong is on The Edge Singapore's cover this week, has appointed Haitong International Securities to conduct a strategic review of the group’s businesses.

SINGAPORE (Sept 27): Mandarin Oriental International is continuing its review of its long-term strategic options with the potential sale of its hotel property in Hong Kong, The Excelsior, and its possible redevelopment into a commercial building.

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

SINGAPORE (July 26): Noble Group is planning to sell its Global Oil Liquids and North American Gas & Power businesses to further reduce indebtedness over the next two years.