telecommunications

SINGAPORE (Apr 3): International Finance Corporation (IFC) is joining as a new investment partner in Yoma Micro Power, a joint venture between Yoma Strategic Holdings and Norwegian state-owned fund Norfund.

SINGAPORE (Apr 3): Maybank Kim Eng Research has upgraded the Singapore telecommunications sector to “neutral” from “negative” previously.

SINGAPORE (Jan 25): CIMB is reiterating its “hold” recommendation on M1 with a target price of $1.85, following the group’s 4Q17 earnings announcement.

SINGAPORE (Jan 24): M1 on Tuesday reported a 2.5% drop in 4Q17 earnings to $31 million from a year ago, dragged down by lower handset sales.

SINGAPORE (Aug 31): UOB Kay Hian has initiated coverage on NetLink NBN Trust with a “buy” and target price of 93 cents, which implies an annualised distribution yield of 5.2% and 6% of the research house’s projects for FY18 and FY19, respectively.

SINGAPORE (Aug 3): RHB, CIMB and DBS are reiterating their “neutral”, “reduce” and “fully valued” calls on StarHub, respectively, after the telco on Wednesday reported 2Q17 earnings of $85.7 million, 21% down from that of the previous year and

SINGAPORE (July 19): M1’s share price has shed 14 cents or some 7% to $1.96 this morning.

SINGAPORE (July 11): Singapore state investment company Temasek has announced that its net portfolio value for the year ended March rose 14% to $275 billion.

SINGAPORE (March 24): When news broke a week ago that M1’s top three shareholders were “conducting a strategic review” of their respective stakes in the mobile network operator.

SINGAPORE (March 14): Technology mergers and acquisitions (M&A) have hit an all-time global value record of US$466.6 billion ($660.1 billion) in 2016.