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One-time gains lift SingPost Q4 earnings

Net profit jumps 196% as revenue rises 27%; longstop dates for both Alibaba deals extended again

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Mr Lim says the new deadline to ink the deals of both Alibaba's stake increase in SingPost and the two parties' proposed joint venture is Oct 31.

Singapore

SINGAPORE Post has extended the longstop dates for both its deals with Chinese e-commerce giant Alibaba yet again, though this time it shed more light on some sources of the delay.

The new deadline to ink both Alibaba's stake increase in SingPost and the two parties'