Previous close | 2.4100 |
Open | 2.4200 |
Bid | 2.4200 x 0 |
Ask | 2.4300 x 0 |
Day's range | 2.4200 - 2.4300 |
52-week range | 2.3100 - 2.8200 |
Volume | |
Avg. volume | 18,710,684 |
Market cap | 39.94B |
Beta (5Y monthly) | 0.55 |
PE ratio (TTM) | 18.62 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.11 (4.40%) |
Ex-dividend date | 02 Aug 2023 |
1y target est | N/A |
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
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.
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.