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$Singtel(Z74.SG$
Singapore Telecommunications (Singtel) has sold a 0.8% stake in Indian associate Bharti Airtel, amounting to 49 million shares, for 1,193.70 rupees ($16.35) per share to GQG Partners. The sale is estimated to result in gross proceeds of around SGD950m ($695m), with a net gain of SGD700m expected.
Following the completion of the sale, Singtel's effective stake in Airtel will decrease to 29% from 29.8%. Singtel, which has been invested in Airtel since 2000, intends to remain inv...
Singapore Telecommunications (Singtel) has sold a 0.8% stake in Indian associate Bharti Airtel, amounting to 49 million shares, for 1,193.70 rupees ($16.35) per share to GQG Partners. The sale is estimated to result in gross proceeds of around SGD950m ($695m), with a net gain of SGD700m expected.
Following the completion of the sale, Singtel's effective stake in Airtel will decrease to 29% from 29.8%. Singtel, which has been invested in Airtel since 2000, intends to remain inv...
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$Singtel(Z74.SG$
Nice decision by Singtel
SINGTEL has sold 49 million of its shares in Bharti Airtel, amounting to a 0.8 % stake in its Indian associate, for 1,193.70 rupees per share to US-based investment firm GQG Partners.
The gross proceeds of about S$950 million.
It expects to net a gain of about S$700 million from the transaction.
Following completion of the sale, Singtel’s effective stake in Airtel will decrease to 29 % from 29.8%
Nice decision by Singtel
SINGTEL has sold 49 million of its shares in Bharti Airtel, amounting to a 0.8 % stake in its Indian associate, for 1,193.70 rupees per share to US-based investment firm GQG Partners.
The gross proceeds of about S$950 million.
It expects to net a gain of about S$700 million from the transaction.
Following completion of the sale, Singtel’s effective stake in Airtel will decrease to 29 % from 29.8%
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$ThaiBev(Y92.SG$
China and Thailand will enter a "visa-free era" as the two sides have just signed an agreement on mutual visa exemption.. Might give some boost to TB
China and Thailand will enter a "visa-free era" as the two sides have just signed an agreement on mutual visa exemption.. Might give some boost to TB
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$ThaiBev(Y92.SG$
The Edge Singapore | Analysts like ThaiBev’s prospects after Thai government approved tax cuts on alcoholic beverages
https://www.theedgesingapore.com/capital/brokers-calls/analysts-thaibevs-prospects-after-thai-government-approved-tax-cuts-alcoholic
The Edge Singapore | Analysts like ThaiBev’s prospects after Thai government approved tax cuts on alcoholic beverages
https://www.theedgesingapore.com/capital/brokers-calls/analysts-thaibevs-prospects-after-thai-government-approved-tax-cuts-alcoholic
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STI mover
$ThaiBev(Y92.SG$ was the top gainer, rising 5.36 percent to close at S$0.590. The top loser was $Venture(V03.SG$ , losing 1.30 percent to end at S$12.910. See below for more trending stocks:
REITs mover
$ManulifeReit USD(BTOU.SG$ was the top gainer, rising 7.32 percent to close at S$0.044. The top loser was $BHG Retail Reit(BMGU.SG$ , losing 4.26 percent to end at S$0.450. See below for more trending stocks:
Top-Traded SG Stocks...
$ThaiBev(Y92.SG$ was the top gainer, rising 5.36 percent to close at S$0.590. The top loser was $Venture(V03.SG$ , losing 1.30 percent to end at S$12.910. See below for more trending stocks:
REITs mover
$ManulifeReit USD(BTOU.SG$ was the top gainer, rising 7.32 percent to close at S$0.044. The top loser was $BHG Retail Reit(BMGU.SG$ , losing 4.26 percent to end at S$0.450. See below for more trending stocks:
Top-Traded SG Stocks...
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$ThaiBev(Y92.SG$
泰国国会投选新首相,为泰党顾问社德他成功获得过半数支持,当选泰国第30任首相。
Pheu Thai Party’s Mr Srettha Thavisin will become Thailand’s prime minister after winning the backing of lawmakers on Tuesday in a joint vote of the bicameral Parliament.
Good news for TB
泰国国会投选新首相,为泰党顾问社德他成功获得过半数支持,当选泰国第30任首相。
Pheu Thai Party’s Mr Srettha Thavisin will become Thailand’s prime minister after winning the backing of lawmakers on Tuesday in a joint vote of the bicameral Parliament.
Good news for TB
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