|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.2600 - 4.2600|
|52 Week Range||4.1500 - 5.1000|
|Beta (3Y Monthly)||1.27|
|PE Ratio (TTM)||31.56|
|Forward Dividend & Yield||0.17 (3.94%)|
|1y Target Est||N/A|
* Malaysia drops to over 2-year low * Indonesian market closed for election * Thailand set to snap two sessions of losses By Shreya Mariam Job April 17 (Reuters) - Most Southeast Asian stock markets rose ...
Conglomerate Keppel Corp and Singapore Press Holdings said late Wednesday they would delist Singapore's smallest mobile operator M1 Ltd after their offer to buy control of the company closes. Keppel and SPH said in September they would offer S$2.06 ($1.53) per share for majority ownership of M1 in a bid to support its falling share price and restructure the firm and make it more competitive. This month, Malaysia's Axiata Group, the largest shareholder in M1, accepted the bid.
KUALA LUMPUR/SINGAPORE, Feb 16 (Reuters) - Malaysia's Axiata Group, the largest shareholder in Singapore mobile operator M1 Ltd, has accepted a bid from Singapore investors that valued M1 at S$1.9 billion ($1.4 billion). In a statement late on Friday, the telecoms group said it would book an estimated gain of 126.5 million ringgit ($31 million) after selling its 28.7 percent stake in M1 for about 1.65 billion ringgit. Last year, Singapore conglomerate Keppel Corp and Singapore Press Holdings launched an offer to gain majority control of M1.
Dec 28 (Reuters) - Keppel Corporation: * REFERS TO ANNOUNCEMENT DATED 27 SEPT TO ACQUIRE ALL ISSUED AND PAID-UP ORDINARY SHARES IN CAPITAL OF M1 LIMITED * INTENDS TO MAKE A VOLUNTARY CONDITIONAL GENERAL ...
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Keppel Corporation Limited (SGX:BN4), with a market cap of S$11b, are often out of the Read More...
Keppel Corporation Limited (SGX:BN4), which is in the industrials business, and is based in Singapore, received a lot of attention from a substantial price movement on the SGX over the Read More...
Malaysia’s biggest wireless carrier received an offer from Singapore Press Holdings Ltd. and Keppel Corp. to buy out its stake in M1 Ltd., the latest in a series of challenges to its regional presence. The view was rosier for Axiata in 2016, when Chief Executive Officer Jamaludin Ibrahim signaled interest in raising its stake in M1.
Malaysia's Axiata Group Bhd (AXIA.KL), the biggest shareholder in M1 Ltd (MONE.SI), is likely to reject an offer that valued the Singapore mobile operator at up to S$1.9 billion (£1 billion), a source with direct knowledge of the matter said. Axiata is in talks to team up with private equity firms and other companies as it considers options to launch its own offer for a bigger stake in M1, said the source, who was not authorised to speak about the matter. Axiata, which has a 28.3 percent stake in M1, views the Keppel-led offer of S$2.06 per M1 share as "opportunistic" and "inadequate", the source said.
Malaysia's Axiata Group Bhd, the biggest shareholder in M1 Ltd, is likely to reject an offer that valued the Singapore mobile operator at up to S$1.9 billion ($1.4 billion), a source with direct knowledge of the matter said. Axiata is in talks to team up with private equity firms and other companies as it considers options to launch its own offer for a bigger stake in M1, said the source, who was not authorized to speak about the matter. Axiata, which has a 28.3 percent stake in M1, views the Keppel-led offer of S$2.06 per M1 share as "opportunistic" and "inadequate", the source said.
Sept 27 (Reuters) - Keppel Corporation Ltd: * KONNECTIVITY PTE. LTD. TO ACQUIRE ALL ISSUED AND PAID-UP ORDINARY SHARES IN CAPITAL OF M1 LIMITED * CONSIDERATION FOR EACH OFFER SHARE IS S$2.06 IN CASH * ...
Singapore Press Holdings Ltd. and Keppel Corp. offered to buy shares they didn’t already own in M1 Ltd. amid intensifying competition that’s seen the mobile-phone company languishing in last place among the city-state’s operators. The two companies, M1’s second- and third-biggest shareholders, offered S$2.06 for each share, valuing the mobile operator at S$1.9 billion ($1.4 billion), according to a statement Thursday. The purchase would give Keppel and SPH free rein to overhaul a carrier whose stock has plunged 59 percent since a high in March 2015 as it faces increasing threats in Singapore’s congested mobile industry.
KUALA LUMPUR/SINGAPORE, Sept 26 (Reuters) - Keppel Corporation Ltd (KCL) and Singapore Press Holdings Ltd (SPH) are looking to buy out Axiata Group Bhd's stake in Singapore's smallest mobile network operator M1 Ltd, sources familiar with the situation said on Wednesday. Axiata is M1's largest shareholder with a 28.3 percent stake, while Keppel owns about 19.7 percent through a unit, and SPH owns about 13.3 percent.
Malaysia's Axiata Group Bhd said it is reviewing its stake in M1 Ltd after Keppel Corporation Ltd and Singapore Press Holdings Ltd (SPH) expressed an interest in Singapore's smallest mobile network provider. The comment comes after conglomerate Keppel on Monday said it was considering "a transaction for the shares in M1" alongside media group SPH. The Malaysian telecommunications firm, in a statement on Wednesday, said it is in discussion with a financial institution to act as its advisor "to review various options available to Axiata with the sole objective that the company continues to vigorously protect and enhance shareholders' value of both Axiata and M1".
Singapore Press Holdings Ltd. and an arm of Keppel Corp. are considering making a general offer for the shares they don’t already own in the city-state’s smallest wireless operator, M1 Ltd., people with knowledge of the matter said. The pair has approached M1’s biggest shareholder, Malaysian carrier Axiata Group Bhd., about the potential transaction, the people said, asking not to be identified because the information is private. A deal for M1 could be announced as soon as the next few days, they said.
Conglomerate Keppel Corporation Ltd said on Monday that along with media group Singapore Press it was considering a transaction related to its holdings in communication provider M1 Ltd. Keppel also said in an announcement that it was considering a transaction regarding its stake in Keppel Telecommunications & Transportation. M1's largest shareholders, which also include Malaysia's Axiata Group, had considered but eventually called off a strategic review of their holdings in the telecommunication provider last year, saying parties interested in buying those stakes did not meet certain criteria.
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