Trade Global

SINGAPORE (Sept 19): Singapore Post (SingPost) today announced that its two e-commerce businesses in the US – Jagged Peak and TradeGlobal – have filed for voluntary petitions for relief under Chapter 11 of the US Bankruptcy Code.

SINGAPORE (Nov 17): DBS Vickers Securities is maintaining its “hold” call on Singapore Post (SIngPost) with a lower target price of $1.23 compared to $1.26 previously to imply a yield of about 2.7%.

SINGAPORE (March 27): Maybank Kim Eng Research is maintaining its “hold” call on Singapore Post (SingPost) at an unchanged target price of $1.34 given major decisions within the group are likely to be put on hold until new CEO, Paul Coutts officially