|Bid||2.61 x 0|
|Ask||2.62 x 0|
|Day's range||2.59 - 2.67|
|52-week range||2.41 - 2.92|
|Beta (3Y Monthly)||0.65|
|PE ratio (TTM)||15.41|
|Earnings date||10 Jan 2019 - 14 Jan 2019|
|Forward dividend & yield||0.06 (2.30%)|
|1y target est||2.62|
Singapore-based conglomerate Keppel Corporation Limited (SGX: BN4) reported lower sales and profits for its latest quarter, but there could be some positive signs for investors.
Contrarian investors may want to dig deeper into Oversea-Chinese Banking Corp Limited (SGX:O39), Singapore Airlines Ltd (SGX:C6L), and Keppel Corporation Limited (SGX:BN4).
A poor performance from its media arm resulted in lower operating revenue for Singapore Press Holdings Limited (SGX:T39) in FY2018.
Listed companies such as Singapore Press Holdings Limited (SGX: T39), Wee Hur Holdings Ltd (SGX: E3B) and Centurion Corp Ltd (SGX: OU8) are investing in this recession-proof market, so are GIC and Mapletree.
The latest buying activities of institutional investors involving M1 Ltd (SGX:B2F), Sembcorp Industries Limited (SGX:U96), and Singapore Technologies Engineering Ltd (SGX:S63).
Sept 27 (Reuters) - Axiata Group Bhd: * REFERS TO PRE-CONDITIONAL OFFER BY KONNECTIVITY PTE * WILL CONTINUE TO EVALUATE ALL OPTIONS AVAILABLE FOR STAKE IN M1 LTD * REFERS TO OFFER ANNOUNCEMENT MADE BY ...
Keppel Corporation Limited (SGX: BN4) and Singapore Press Holdings Limited (SGX: T39) seek to gain majority control of M1 Ltd (SGX: B2F).
Keppel Corp Ltd and Singapore Press Holdings Ltd (SPH) have offered to buy the remaining shares in Singaporean telecom operator M1 Ltd that they do not already own, in a deal worth up to S$1.27 billion ($930 million). The companies, through a special purpose vehicle, have offered to pay S$2.06 per M1 share, a premium of 26 percent to the stock's last closing price, they said in filings to the stock exchange.
Keppel Corp. and Singapore Press Holdings on Thursday said they plan to make an offer to take control of M1 Ltd., valuing the telecom firm at about $1.39 billion.
Keppel Corp Ltd and Singapore Press Holdings Ltd (SPH) said on Thursday that they have offered to buy the remaining shares in Singaporean telecom operator M1 Ltd that they do not already own. The companies, through a special purpose vehicle, have offered to pay S$2.06 per M1 share, a premium of 26 percent to the stock's last closing price, the two said in filings to the stock exchange. The companies and their related parties have a deemed interest of 33.27 percent in M1.
Sept 27 (Reuters) - Singapore Press Holdings Ltd: * UNDERTAKEN TO ROLL-OVER ITS EXISTING 13.45% STAKE IN M1 INTO OFFEROR; ENVISAGED TO INVEST UP TO S$51.3 MILLION IN CASH IN OFFEROR FOR M1 * APPROVAL FROM ...
KUALA LUMPUR/SINGAPORE, Sept 26 (Reuters) - Keppel Corporation Ltd (KCL) and Singapore Press Holdings Ltd (SPH) are looking to buy out Axiata Group Bhd's stake in Singapore's smallest mobile network operator M1 Ltd, sources familiar with the situation said on Wednesday. Axiata is M1's largest shareholder with a 28.3 percent stake, while Keppel owns about 19.7 percent through a unit, and SPH owns about 13.3 percent.
Malaysia's Axiata Group Bhd said it is reviewing its stake in M1 Ltd after Keppel Corporation Ltd and Singapore Press Holdings Ltd (SPH) expressed an interest in Singapore's smallest mobile network provider. The comment comes after conglomerate Keppel on Monday said it was considering "a transaction for the shares in M1" alongside media group SPH. The Malaysian telecommunications firm, in a statement on Wednesday, said it is in discussion with a financial institution to act as its advisor "to review various options available to Axiata with the sole objective that the company continues to vigorously protect and enhance shareholders' value of both Axiata and M1".
Sept 26 (Reuters) - Axiata Group Bhd: * MALAYSIA'S AXIATA SAYS CURRENTLY REVIEWING POSITION IN VIEW OF A POSSIBLE TRANSACTION TO BE FURTHER ANNOUNCED BY KEPPEL AND SPH ON ITS M1 SHARES * AXIATA SAYS IN ...
There could be something brewing around M1 Ltd (SGX: B2F).
NetLink NBN Trust (NetLink) has dominant market share of 90% for residential and 35% for non-residential fibre connections. The group added 24,600 residential connections in 1Q19 representing a 2.1% q-o-q increase, and there is still an untapped market of 300,000 residential homes not on fibre broadband.
Conglomerate Keppel Corporation Ltd said on Monday that along with media group Singapore Press it was considering a transaction related to its holdings in communication provider M1 Ltd. Keppel also said in an announcement that it was considering a transaction regarding its stake in Keppel Telecommunications & Transportation. M1's largest shareholders, which also include Malaysia's Axiata Group, had considered but eventually called off a strategic review of their holdings in the telecommunication provider last year, saying parties interested in buying those stakes did not meet certain criteria.
Here’s a quick look at the market developments for the day.
Hutchison Port Holding Trust (SGX: NS8U), Starhub Ltd (SHX: CC3), and Singapore Press Holdings Limited (SGX: T39) are holding up the rear for the Straits Times Index (SGX: ^STI)
Singapore Telecommunications Limited (SGX: Z74), Starhub Ltd (SHX: CC3), Singapore Press Holdings Limited (SGX:T39), and Keppel Corporation Limited (SGX:BN4) provide exposure to the all-important Singapore telco market.