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Singapore Telecommunications Limited (Z74.SI)
| Previous close | 2.4300 |
| Open | 2.4100 |
| Bid | 2.4200 x 0 |
| Ask | 2.4300 x 0 |
| Day's range | 2.3900 - 2.4300 |
| 52-week range | 2.3100 - 2.8200 |
| Volume | |
| Avg. volume | 18,921,058 |
| Market cap | 40.105B |
| Beta (5Y monthly) | 0.55 |
| PE ratio (TTM) | 18.69 |
| EPS (TTM) | 0.1300 |
| Earnings date | 08 Nov 2023 - 13 Nov 2023 |
| Forward dividend & yield | 0.11 (4.31%) |
| Ex-dividend date | 02 Aug 2023 |
| 1y target est | 3.05 |
EdgePropSingtel to sell 20% stake in regional data centre business valued at $5.5 bil
Singtel's Comcentre (Photo: Samuel Isaac Chua/The Edge Singapore).Singapore Telecommunications (Singtel) Z74 2.07% has agreed to sell 20% of its regional data centre business to global investment firm KKR.The stake will be acquired through a fund managed by Kohlberg Kravis Roberts & Co. L.P. (KKR) where it will commit up to $1.1 billion in cash.The investment puts the enterprise value of Singtel’s overall regional data centre business at $5.5 billion, around 60% higher than the $3.4 billion esti
- Investing.com
Singtel sells 20% stake in data center business to KKR for $807 million
Singapore Telecommunications (Singtel), Southeast Asia's premier telecom operator, has agreed to sell a 20% stake in its regional data center business to U.S. private equity firm KKR for S$1.1 billion ($807 million) on Monday. This transaction marks KKR’s largest investment in Southeast Asian and global data center infrastructure so far, and values the Singtel unit at S$5.5 billion.
- Reuters SG
UPDATE 2-KKR to acquire stake in SingTel's regional data centre unit for $807 mln
Singapore Telecommunications (SingTel) said on Monday global investment firm KKR will acquire a 20% stake in SingTel's regional data centre business for S$1.1 billion ($806.87 million). The deal puts the enterprise value of SingTel’s overall regional data centre business at S$5.5 billion ($4.03 billion) and the funds will be used to expand the data centre's business across Southeast Asian markets, including Singapore, Indonesia and Thailand, SingTel and KKR said in a joint statement.
