Singtel’s assets include properties, infrastructure and a network of regional mobile associates including India, Indonesia, Thailand and the Philippines. In Australia, there is also fully-owned subsidiary Optus.
Singtel’s CFO Arthur Lang sheds light on the hidden value of its associates and assets using its active capital management strategy which contributes to dividends and funds future investments for growth
Chief financial officers keep a close eye on their company ledgers, tracking every cent coming in and going out. For Arthur Lang of Singapore Telecommunications (Singtel), he has been poring over the numbers looking for something else: In particular, long-held assets, typically recorded at book value on the balance sheet that can be unlocked to the benefit of the telco and shareholders.
