You are here

PREMIUM

SingPost sheds stakes in traditional business

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

Singapore

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes