SingPost

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SingPost ends flat after 3.6% intraday fall amid H1 profit drop

The counter is back at S$0.42 after about 18.9 million shares change hands

Rates of domestic bulk mail used by businesses will also increase.

SingPost raises standard domestic mail rates by S$0.10

The new prices are S$0.62 for standard regular mail and S$0.90 for standard large mail

The HDB units were originally acquired between 1989 and 1996 for SingPost's operations.

SingPost to divest 14 HDB units for S$55.5 million

The postal service provider says the properties are ‘non-core’ to its principal business

SingPost has over 2,500 service points after recently incorporating nearly 1,100 Pick parcel lockers into its last-mile infrastructure.

SingPost raises competitiveness by upping service points

It is also trialling the posting and returning of mail or parcels at residential letterbox areas

Beyond his current role at Singtel, Mark Chong is also a board member of the Civil Aviation Authority of Singapore and chairman of the regulator's Cyber and Data Governance Committee.

SingPost appoints Singtel veteran Mark Chong as group chief executive officer

Currently group chief corporate officer at Singtel, Chong will begin his new role in November 

SingPost's postal business is on a secular decline while its e-commerce logistics business is operating in a highly competitive landscape., causing its shares to languish.
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Alibaba selling SingPost shares is no cause for other shareholders to follow suit

There is no change in whether the stake is held by Alibaba Investment or not, unless the investors that absorbed the shares are in the position to provide a fillip to SingPost businesses or share trad...

Customers with existing packaging will still have their items repacked into the standard envelope or box, says SingPost.

SingPost launches new retail postal service to US in response to import rule changes

The service offers two flat-rate packaging options, with upfront calculation of duties and taxes

Alibaba Group first invested in SingPost in 2014, buying a roughly 10.4% stake for S$312.5 million at S$1.42 per share.

Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5%

This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider