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Incoming SingPost CEO to face ‘difficult FY17’
SINGAPORE (July 7): CIMB Research has downgraded Singapore Post (SingPost) from “add” to “hold” with a lower price target of $1.49 from the previous $1.76.
July 07, 2016
Singapore's Temasek eyes US investments to offset first portfolio drop in 7 years
SINGAPORE (July 4): Singapore sovereign investor Temasek is set to pounce on US deals and look for co-investments with private equity partners to offset its first annual decline in the value of its assets in seven years, bankers and people familiar with t
July 04, 2016
Broker's Calls
SingPost kept at ‘sell’ by Maybank as Group COO resigns, rivals rise
SINGAPORE (June 22): Maybank Kim Eng is keeping Singapore Post at “sell” with an unchanged target price of $1.29 following SingPost’s Tuesday announcement on the resignation of Group COO Dr Sascha Hower.
June 22, 2016
Broker's Calls
Why SingPost investors will see ‘pain before gain’: Maybank
SINGAPORE (June 14): Maybank is initiating coverage on postal service provider Singapore Post (SingPost) at a “sell” rating with a price target of $1.29.
June 14, 2016
SoftBank to sell part of stake in China's Alibaba for US$7.9 bil
TOKYO (June 1): SoftBank said Wednesday it will sell at least US$7.9 billion ($10.9 billion) worth of its stake in Chinese e-commerce giant Alibaba, as the Japanese firm looks to pay down a whopping debt load.
June 01, 2016