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SMRT to pay off part of debt from asset sale cash

Published Fri, Jul 15, 2016 · 09:50 PM

Singapore

SMRT Corp does not intend to use the estimated S$991 million from the asset sale to the government to pay any special dividend to shareholders but will instead pay off part of its debt.

In a statement on the transition to the New Rail Fina…

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Companies & Markets

Companies & Markets

SMRT to pay off part of debt from asset sale cash

KEYWORDS IN THIS ARTICLE

Companies & Markets

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

P&G raises annual core profit forecast on resilient demand, price hikes

American Express beats profit estimates on strong spending by wealthy customers

Sheng Siong shareholders press for details on capital allocation, M&A opportunities

Wilmar appoints former minister George Yeo as independent non-executive director

UOB Kay Hian says ‘disadvantageous’ to reveal details of key management’s remuneration

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