MAIL and logistics firm Singapore Post (SingPost) has called off the sale of its beleaguered US e-commerce businesses, which will now seek bankruptcy protection instead.

THE following companies saw new developments that may affect trading of their shares on Thursday:

MAIL and logistics firm Singapore Post (SingPost) said on Thursday that its six-month sale process for its US e-commerce businesses Jagged Peak and TradeGlobal has closed with "no acceptable...

MAINBOARD-LISTED mail and logistics company SingPost posted first quarter net profit of S$25.7 million, 37.2 per cent higher than the S$18.7 million it earned for the year-ago period.

MAINBOARD-LISTED mail and logistics firm SingPost posted 37.2 per cent higher net profits for the first quarter ended June 30 at S$25.7 million versus S$18.7 million for the year-ago period.

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

AN ALMOST S$100 million impairment for its struggling United States e-commerce subsidiaries caused Singapore Post (SingPost) to deliver a net loss of S$75.1 million for the quarter ended March 31...

MAINBOARD-listed mail and logistics firm SingPost sank into the red for the fiscal fourth-quarter, dragged down by impairment charges for two loss-making US e-commerce businesses up for sale. 

WE think exiting its US e-commerce units, Jagged Peak and TradeGlobal, is positive for SingPost, as losses will no longer be a drag, prompting a higher earnings per share (EPS).

GVT is helmed by an experienced management team and has established itself over more than six years as a proven manufacturing component solutions supplier.