|Bid||2.4000 x 0|
|Ask||2.4100 x 0|
|Day's range||2.4000 - 2.4300|
|52-week range||2.3000 - 2.8100|
|Beta (5Y monthly)||0.55|
|PE ratio (TTM)||18.54|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||19 Dec 2014|
|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.