$StarHub(CC3.SI)$
After Kpkb by the Malaysia ministers, SG STT no choice but to unload the stake.
So when will Malaysia company "return" M1 stake to Singapore?
Singapore Technologies Telemedia Pte Ltd (ST Telemedia) announced on Thursday in Singapore that its unit, Straits Mobile Investments Pte Ltd, has entered into an agreement to sell “a majority stake” in U Mobile Sdn Bhd.
It further said that on completion of the transaction, Straits Mobile will hold a minority stake of approximately 20% in U Mobile, and that U Mobile will cease to be its subsidiary.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.