RHB Group Research is keeping “neutral” on the local telecommunications sector for 2022 and emphasises that stock picking remains key on the back of an uneven economic recovery and extended market volatility. The RHB research team has estimated a sector valuation of 9.5 times FY2022 EV/EBITDA, w...

UNITHOLDERS of Keppel DC Reit have voted in favour of the proposal to invest a total of S$89.7 million in bonds and preference shares to be issued by M1 Network (NetCo), which owns the mobile, fixed and fibre assets of telco M1.

Cuscaden Peak, one of the two bidders for Singapore Press Holdings, has cleared all the regulatory hurdles required. Cuscaden Peak, a consortium formed by Hotel Properties, Mapletree and CLA Holdings, has received on Dec 2 approval from the Foreign Investment Review Board under the Australian Foreig...

UNITHOLDERS of Keppel DC Reit have voted in favour of the proposal to invest a total of S$89.7 million in bonds and preference shares to be issued by M1 Network (NetCo), which owns the mobile, fixed and fibre assets of telco M1.

Exuberance over data centre assets, although worrisome, may not be in bubble territory just yet. All of us are using more data, spurred not only by fun stuff like Tik-Tok and Instagram story but also serious stuff such as cloud adoption by businesses, e-commerce, internet of things, autonomous vehic...

LOCAL telecommunications company M1 is acquiring, through its indirect subsidiary AsiaPac Technology, an initial 26 per cent stake in Malaysia-based Glocomp Systems for RM26.3 million (S$8.5 million).

Cuscaden Peak, a consortium comprising Hotel Properties (HPL), Mapletree Investments and CLA Holdings announced on Nov 21 that its has received regulatory approvals for the Cuscaden Scheme from the Monetary Authority of Singapore (MAS) and the Info-Communications Media Development Authority (IMDA), ...

KEPPEL-OWNED M1 is the latest of the local telcos to move towards the monetisation of its infrastructure.

DBS Group Research analysts Dale Lai, Geraldine Wong, Derek Tan and Rachel Tan have upgraded their rating on Keppel DC REIT (KDC REIT) to “buy” with a target price of $3, after it announced “surprise acquisitions”. They highlight that the announcement of the acquisition of Guangdong Data Cen...

PhillipCapital analyst Terence Chua has maintained his “buy” recommendation on Keppel Corporation as the group’s settlement agreement with Brazilian company Sete Brasil became effective on Oct 13. See: Keppel's settlement agreement with Sete Brasil is effective, with no impact on NAV or EPS Th...