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Published Tue, Jul 2, 2019 · 09:50 PM

Singapore Post (SingPost) | Hold (maintained) July 2 close: S$0.96 Target price: S$1.04 UOB Kay Hian, July 2

SingPost reiterated its focus on service enhancements from its new CEO of Postal Services, Vincent Phang.

The group aims to address shortcomings in service lapses in recent years, with a spate of fines by the authorities in failing to meet delivery standards. SingPost was fined S$300,000 and S$100,000 for failing to meet delivery standards in 2018 and 2017 respectively.

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