Although things are looking rather gloomy for Singtel, CGS-CIMB is keeping its “buy” call on the stock with an unchanged target price of $3.40. On July 30, Singtel announced that its 31.9%-owned associate in India, Bharti Airtel, booked some $911 million in exceptional charges for 1QFY21. This c...

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StarHub reported earnings of $37.3 million for the 2Q20 ended June, down 5.6% from the $39.5 million posted a year ago. Total revenue for 2Q20 fell 18% y-o-y to $99.4 million while 1H20 total revenue fell 16.5% y-o-y to $959.6 million. The decline in figures was primarily attributable to lower contr...

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THE following companies saw new developments that may affect trading of their securities on Thursday:

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ComfortDelGro announced on Wednesday (August 5) that all three of its listed companies, ComfortDelGro, SBS Transit and VICOM, have ranked in the top 20 spots in the Singapore Governance and Transparency Index (SGTI) for the first time. ComfortDelGro climbed one spot from the 14th to the 13th spot wi...

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SCORES for the Singapore Governance and Transparency Index (SGTI) again reached a new high this year, with companies achieving a mean overall score of 67.9 points - up 8.6 points from the previous year.

DBS Group Research is reiterating its “buy” call on Singtel, but with a lowered target price of $3.04, from $3.09 previously.  Analyst Sachin Mittal said the revised target price is largely due to continued weaknesses in Singtel’s Australian and Singapore businesses. Contributions from Au...