The Business Times
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Therese Soh

Therese Soh

JOURNALIST

emailtherese@sph.com.sg
Singtel's full-year EPS stood at S$0.3398, up from S$0.2434 in the previous financial year.

Singtel H2 net profit down 20.9% at S$2.2 billion; telco open to Aussie minority partner in Optus

Underlying earnings are up 10.6% at S$1.4 billion; record annual dividend of S$0.185 a share proposed

Singtel is seeking a “like-minded long-term local partner” that would take a “meaningful minority stake” in Optus.
BT EXPLAINS

Why is Singtel seeking an Aussie partner for Optus?

The Singapore group’s wholly owned subsidiary has endured a string of crises in recent years

Singtel posts a net profit of S$2.2 billion for its second half ended Mar 31, down 20.9% year on year.

Stocks to watch: Singtel, CDL

The following companies saw new developments that may affect trading of their securities on Thursday (May 21):

The drop in share price came despite the company reporting that it had secured US$1.03 billion in new orders for the year to date.
BROKERS’ TAKE

Yangzijiang Shipbuilding shareholders pull stock down 3.3% on margin-dilutive orders

The counter dips as much as 5.3% to a two-month low, but pares some losses to close 3.3% down

Yangzijiang Shipbuilding has secured US$1.03 billion in new orders for the year to date.

Stocks to watch: Hongkong Land, Yangzijiang Shipbuilding, SIA, Sembcorp, Delfi

The following companies saw new developments that may affect trading of their securities on Wednesday (May 20): 

Flight SQ321 marks SIA’s first fatal aviation accident since the SQ006 crash in 2000, and the third in the carrier’s history.

SQ321 final report: A timeline of the 2024 turbulence incident

The aircraft ran into ‘sudden extreme turbulence’, leaving dozens injured and one dead

StarHub says that it “would not want to speculate beyond the information publicly available at this stage”.

Analysts tip StarHub as ‘obvious’ front runner for M1 after Simba merger stalls

The setback is expected to weigh on Keppel, which had planned to monetise M1 through the deal

Keppel's focus will be on executing a “Plan B” that it prepared in the event that it retains majority ownership of M1.

Keppel to let M1-Simba deal lapse; M1 to be restructured with focus on ‘rightsizing’

Group says the telco industry in Singapore is in need of consolidation and will benefit from it

Keppel will remove the proposed divestment of its stake in M1’s telco business from its announced monetisation plans for 2025.

Stocks to watch: Keppel, SingLand, UOL, UOB, ST Engineering, SIA, Lendlease Global Commercial Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 18): 

IMDA is investigating the matter and “will take the appropriate enforcement actions if it is established”.

Keppel’s M1 sale stalls as IMDA probes alleged spectrum breaches by Simba

The asset manager says it will now execute a ‘Plan B’

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