Singapore Post (SingPost)

SINGAPORE (Aug 3): Singapore Post (SingPost) reported 1Q FY18/19 earnings of $18.7 million, down 40.4% from $31.4 million a year ago due to an exceptional fair value loss on warrants from an associated company as well as higher tax expenses.

Monday (July 2): Singapore Post’s recently released FY18 annual report showed an improvement in alignment of directors’ remuneration with company’s performance and in its debt structure, net gearing and interest cover among others.

SINGAPORE (May 14): CGS-CIMB Research is keeping its “add” call on Singapore post (SingPost) with a higher target price of $1.59, as the stock is poised for an earnings recovery over FY19-FY21 and offers 2-3% dividend yield.

SINGAPORE (May 11): Singapore Post (SingPost) recorded 4Q18 earnings of $23.9 million, compared to a loss of $65.2 million in 4Q17.

SINGAPORE (Apr 26): Recruitment and HR services agency Randstad has released its list of top 75 companies to work for in Singapore based on findings from its latest Randstad Employer Brand Research 2018.

SINGAPORE (Mar 9): Once associated with stable dividend payments, Singapore Post began to acquire a reputation as a growth play after its previous CEO Wolfgang Baier started to transform the mail delivery company into a logistics and e-commerce play.

SINGAPORE (Mar 5): A potential collaboration between Y Ventures Group and Singapore Post (SingPost) for the development of an e-commerce buying platform could be “very exciting,” according to UOB Kay Hian.

SINGAPORE (Mar 2): Y Ventures Group has entered into a non-binding memorandum of understanding (MOU) with Singapore Post.

SINGAPORE (Feb 8): Students and staff at the National University of Singapore (NUS) may soon be able to tap on Airbus Helicopters’ Skyways unmanned air vehicles to transport small parcels between 2-4kg within the campus.

SINGAPORE (Feb 5): Singapore Post (SingPost) on Friday announced 3Q17/18 earnings increased 37.2% to $43.0 million, compared to $31.4 million a year ago.