On Monday, Keppel said it would sell its 83.9 per cent stake in M1’s telecom business to Simba — owned by Australia-listed Tuas — while retaining M1’s ICT operations, including data centres and subsea ...

It marks Soul Patts’ second-ever selldown at Tuas, which was spun out of TPG five years ago and has been a solid stockmarket ...

Global asset manager Keppel has entered into a share purchase agreement to divest its subsidiary M1’s telco business to ...

Global asset manager Keppel has entered into a share purchase agreement to divest its subsidiary M1’s telco business to Singaporean telco Simba Telecom for S$1.43 billion (A$1.7 billion), in an all ...

Singapore-based Keppel is selling M1’s telecom business to rival Simba Telecom for $1.43 billion, marking the first major ...

Keppel Ltd (Keppel) is divesting M1’s telco business to Simba Telecom for an enterprise value of S$1.43 billion in an all-cash deal.

TPG Telecom spinout Tuas has raised $385 million through an institutional placement that was launched to help fund its proposed $1.7 billion takeover of Singaporean telecommunications company M1 from ...

SINGAPORE] StarHub has purchased the rest of MyRepublic’s broadband business that it did not already own for a consideration ...

"We’re in a phase of consolidation and we’re not just watching it unfold, we’re shaping it": StarHub CEO Nikhil Eapen ...

Simba is known for its low-cost, high-data mobile plans and this could pressure other telcos to cut their prices, one analyst ...