Singtel

Stocks to watch: Boustead Singapore, CSE Global, Elite UK Reit

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jun 17):

The new data centre is in Seoul's Geumcheon district and has about 40,000 sq m of gross floor area.

Singtel, KKR-owned STT GDC opens its first South Korean data centre to tap AI boom

30 MW facility will be jointly operated by STT GDC and Hyosung Heavy Industries

“I worry about whether our people will reskill quickly enough,” says Sam Liew, CEO of NCS.

New NCS chief bets deeper on government contracts, even as AI shrinks the workload

Sam Liew, two months into the job, has done an internal restructuring to re-organise and grow its talent

Singtel will partner Digital Industry Singapore to strengthen its capabilities in AI-enabled operations.

Stocks to watch: Singtel, SIA Engineering, UMS, Samudera Shipping, Lum Chang Creations

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 8):

UOBKH's Alpha Picks portfolio outpaces the STI in May, returning 3.3% on a price-weighted basis, compared to the index's 2.5% gain.
BROKERS’ TAKE

DBS Research and UOBKH eye Singtel, Venture as top picks for June

Singtel’s 18% drop from a March peak is an ‘opportunity to add’, while Venture’s revenue may be boosted by AI

Singtel group CEO Yuen Kuan Moon does not see the evolution of AI as a displacement mechanism.

Singtel gets funding boost from government to strengthen AI push, create high-value roles

Telco will partner Digital Industry Singapore in a move that can help the Republic strengthen its artificial-intelligence sovereign capabilities

Over the five trading sessions, 22 primary-listed companies conducted buybacks with a total consideration of S$88.9 million.
INSIDE INSIGHTS

AGT raises Nam Cheong stake; Silchester increases holdings of ComfortDelGro

[SINGAPORE] Over the five trading sessions from May 22 to 28, 22 primary-listed companies conducted buybacks with a total consideration of S$88.9 million.

The agreement comes as Singtel shuffles around capital, having laid out a S$3 billion capital spending plan for 2027, of which S$1.2 billion would be allocated to data centres and artificial intelligence-related purposes.

Singtel signs S$1.5 billion credit facility from diverse lender pool

[SINGAPORE] Singtel said on Friday (May 29) that its treasury unit signed a S$1.5 billion credit facility agreement with 11 banks.

Several brokerages say that Singtel's fourth-quarter results are “slightly below expectations”.
BROKERS’ TAKE

Earnings miss, downside risks weigh on Singtel shares, but RHB sees ‘re-entry opportunity’

The brokerage expects legacy share overhang to clear, and is betting on the telco’s AI, cloud initiatives