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Telco M1 struggles to find a fit in Keppel’s transformation plans 

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Benjamin Cher

Benjamin Cher

Published Thu, Jun 6, 2024 · 05:00 AM
    • Paring M1 from its portfolio may help Keppel as it seeks to transform itself into an asset manager and operator.
    • Paring M1 from its portfolio may help Keppel as it seeks to transform itself into an asset manager and operator. PHOTO: YEN MENG JIIN, BT

    WHEN rumours of a possible merger between StarHub and M1 emerged yet again in May, it caused a bit of a stir among market observers.

    To be sure, it was not the first time that such rumours had surfaced. The two telcos had been linked to a possible merger in as far back as 2020.

    But, even as the market mulls over the on-again, off-again merger talk, Keppel might do well to shed M1 from its portfolio after all.

    Hock Lock SiewKeppelM1

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