TradeGlobal

SINGAPORE (April 4): Singapore Post Limited (SingPost) has announced its intentions to sell its controlling stakes in US e-commerce businesses, Jagged Peak and Trade Global, as part of its strategic review.

SINGAPORE (Aug 6): DBS is downgrading its recommendation on Singapore Post (SingPost) to “hold” from “buy” with a lowered target price of $1.28.

SINGAPORE (Aug 4): Singapore Post (SingPost) posted 1Q earnings of $31 million, down 13.6% from $35.9 million a year ago on higher expenses and loss from associated companies and joint ventures.

SINGAPORE (July 26): DBS Vickers Securities is maintaining a “hold” recommendation on Singapore Post (SingPost) with a target price of $1.26 on the belief that the market is currently pricing in better recovery for both the group’s logistics and e-c

SINGAPORE (July 21): Key discussions points raised at SingPost’s AGM on Thursday by investors revolved around the review of TradeGlobal acquisition and the group's transformation process as an e-commerce logistics player.

SINGAPORE (July 20): Singapore Post chairman Simon Israel has been hospitalised, just hours before an annual general meeting (AGM) on Thursday.

SINGAPORE (July 18): UOB KayHian is maintaining its “hold” on Singapore Post with an entry and exit price of $1.25 and $1.37.

SINGAPORE (July 18): SingPost says legal counsel WongPartnership LLP has issued a summary report setting out its observations concerning processes in the acquisition of TradeGlobal Holdings.

SINGAPORE (June 15): OCBC is upgrading Singapore Post to “hold” from “sell” with unchanged fair value estimate of $1.20 given the significant correction in its share price.

SINGAPORE (May 19): On May 17, Singapore Post announced a deal with Southeast Asia’s largest online shopping platform Lazada Group.