“There is no certainty that such discussions will lead to any definitive or binding agreement. Singtel will make an announcement if and when there are any material developments that warrant disclosure in accordance with our obligations under the Listing Manual of the Singapore Securities Exchange Trading Limited,” said the telco.
Singapore Telecommunications (Singtel) said it is having “ongoing discussions”, as part of a consortium, in relation to ST Telemedia's Global Data Centres.
The statement, issued on Nov 7, came after Reuters reported that the telco and investment firm KKR & Co were seeking to own the Singapore data centre in a deal valued at over $5 billion.
