Under the strategies, the group will be reorganised into three business units – Singapore, Australia and International. Each business unit will have the “agility and empowerment” to operate in their own markets and build on their core capabilities according to their individual strategies.
Singapore Post (SingPost) has announced that it will be working on five key strategic thrusts upon the completion of its strategic review. The strategies will be executed over the next three years, says the group.
The review was initiated in May 2023. Merrill Lynch (BofA Securities) was appointed as the financial advisor to enhance shareholder returns and to ensure that the group is appropriately valued.
