Advertisement
Singapore markets close in 1 hour 1 minute

  • Straits Times Index

    3,282.89
    -10.24 (-0.31%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,265.24
    +63.97 (+0.37%)
     

  • FTSE 100

    8,080.66
    +40.28 (+0.50%)
     

  • Bitcoin USD

    63,978.12
    -2,785.29 (-4.17%)
     

  • CMC Crypto 200

    1,383.22
    +0.65 (+0.05%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Gold

    2,335.80
    -2.60 (-0.11%)
     

  • Crude Oil

    83.08
    +0.27 (+0.33%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • FTSE Bursa Malaysia

    1,570.65
    -0.83 (-0.05%)
     

  • Jakarta Composite Index

    7,155.60
    -18.93 (-0.26%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

BRIEF-Starhub Announces Agreement For Temasek To Acquire D'crypt Pte

Reuters SG

Aug 8 (Reuters) - Starhub Ltd:

* ANNOUNCES AGREEMENT FOR TEMASEK TO ACQUIRE D'CRYPT PTE FROM STARHUB AND D'CRYPT'S FOUNDING SHAREHOLDERS

* FOLLOWING TRANSACTION, STARHUB WILL HOLD 60% OF ECONOMIC INTEREST IN D'CRYPT

* UNDER AGREEMENT, STARHUB & FOUNDING SHAREHOLDERS TO SELL 100% STAKE IN D'CRYPT TO TEMASEK FOR INITIAL AGGREGATE CONSIDERATION OF S$100 MILLION

* AS PART OF TRANSACTION, ENSIGN INFOSECURITY WILL BE ISSUED PREFERENCE SHARES AND BE FULLY ENTITLED TO ECONOMIC RIGHTS OF D'CRYPT Source text for Eikon: Further company coverage: