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SingPost slips to 18-month low on concerns over special audit

Published Thu, Dec 24, 2015 · 09:50 PM
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Singapore

SHARES of postal and e-commerce group Singapore Post took a tumble on Christmas eve to plumb their lowest level in 18 months, following further questions from market observers about a special corporate governance audit that SingPost is set to undergo.

The stock fell 3 per cent or five cents on Thursday to end the half-day trading session at S$1.61, marking its lowest price since June 2014. It was among the most heavily traded counters on the local bourse in a shortened …

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