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Keppel Corp, Keppel T&T: Keppel Corp is considering a possible transaction involving its interest in Keppel Telecommunications & Transportation (Keppel T&T), as well as a deal involving its indirect stake in telco M1 through the Keppel T&T unit, according to an announcement on Monday. Keppel Corp, which owned 79.2 per cent of Keppel T&T as at March 5, closed at $7.03 last Friday. Keppel T&T last ended at $1.36 and has halted the trading of its shares.

Singapore Press Holdings: Media and property group Singapore Press Holdings (SPH), which publishes The Straits Times, said on Monday that it has been approached by Keppel Corp to participate in a possible transaction involving SPH's stake in Singapore-listed telco M1. SPH last closed at $2.82 last Friday.

M1: Two key indirect shareholders, SPH and Keppel Corp, disclosed on Monday a possible transaction involving their stakes in the telco, after a joint strategic review ended in 2017 without any third-party deals reached. M1, which closed flat at $1.63 last Friday, has since called a trading halt.

news 2
https://www.businesstimes.com.sg/companies-markets/keppel-looking-into-possible-transaction-involving-keppel-tt-interest-also

KEPPEL Corp is considering a potential transaction of its stake in logistics and data centre arm Keppel Telecommunications & Transportation (Keppel T&T) and has asked Singapore Press Holdings (SPH) to take part in a possible transaction involving their stakes in listed telco M1, according to filings with the Singapore Exchange on Monday morning.

No specific deal terms were announced.

There is no certainty or assurance that any transaction will occur, Keppel Corp and SPH said in concurrent announcements.

Keppel Corp, a conglomerate whose businesses include rigbuilding and real estate, held a 79.2 per cent stake in Keppel T&T as at March 5, 2018. Through Keppel T&T, Keppel also holds interests in Keppel DC Reit, a data centre trust, and M1, Singapore's third largest telco.

Based on Keppel T&T's closing price of S$1.36 on Friday, Keppel Corp's stake is worth about S$602 million. Trading in Keppel T&T was halted on Monday.


Keppel T&T controlled a 19.33 per cent stake in M1 as at Feb 22, 2018, while SPH, a media and property group that also owns The Business Times, held a 13.45 per cent stake. Based on M1's close of S$1.63 on Friday, Keppel T&T's stake in M1 has a market value of S$292 million, while SPH's has a market value of S$203 million. Trading in M1 shares was halted on Monday.

Malaysian telco Axiata Group, with a 28.7 per cent stake in M1, was the Singapore telco's largest single shareholder.

In March 2017, SPH, Keppel T&T and Axiata jointly appointed Morgan Stanley Asia as a financial adviser to undertake a strategic review of their stakes in M1, with a view to a possible sale. In July that year, the three parties decided not to proceed further with the review, saying that proposals from interested parties did not meet their minimum criteria and parameters despite a favourable level of interest. No arrangement or agreement with any third party was reached at that time.

Keppel Corp changed hands at S$7.02 as at 9.15am on Monday, down 0.1 per cent or 1 Singapore cent, while SPH stayed unchanged at S$2.82. Keppel T&T closed on Friday at S$1.36, and M1 at S$1.63.

吉宝绝对没有增持M1的道理，如果增持的话，就是为了卖个好价钱
目测打算卖给天朝公司

看好m1前景吧，新来的也玩不过这些本地的
m1现在每股盈利超过星河，本地也缺乏真正的竞争
第四家不会有啥前景，我记得家乐福也被ntuc等挤出了新加坡
政府只是希望借机让他们降降价，不是要真的搞死他们。