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SingPost to review TradeGlobal purchase after S$185 million writedown, S$65.2m group loss

It books total impairment charges of S$208.6 million; slashes dividends

Singapore

POSTAL and e-commerce group Singapore Post has slashed dividends after booking a significant impairment from its United States e-commerce unit TradeGlobal in its fiscal fourth quarter.

It also said it would review whether there had been enough due diligence done on the...

sentifi.com

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