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SingPost sheds stakes in traditional business

It divests 90% stake in DataPost to Jing King Tech Solutions for about S$39.3 million


SINGPOST has sold stakes in the more traditional forms of the postal service business as it drives more focus into its e-commerce segment.

It said on Friday that it has sold a 90 per cent stake in DataPost Pte Ltd to Jing King Tech Solutions Pte Ltd for about S$39.3