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SINGAPORE: Five key executives have left Singapore Post amid a restructuring exercise at the company. CNA understands that ...
The restructuring involves reaching an agreement with the Government on a sustainable operating model. Read more at ...
Lee Eng Keat, head of strategy and communications at Singapore Post (SingPost), has stepped down from his role.
Five senior executives, including group chiefs in IT, HR, and strategy, have left Singapore Post amid an ongoing ...
SINGAPORE – Singapore Post (SingPost) has completed the divestment of its Australian logistics business, Freight Management Holdings (FMH), for A$1 billion (S$845 million). The business was acquired ...
SINGAPORE] Shares of Singapore Post (SingPost) surged on Friday (Mar 28) morning, a day after the company announced the completion of the sale of its Australian logistics business. Read more at The ...
Barely 12 months after acquiring 100 per cent of FMH, SingPost elected to sell the company for over $1 billion. Here’s how it ...
SingPost working with the Government on a business model to ensure long-term financial sustainability of postal services including the Post Office Network This investment will go towards the ...
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Singapore Business Review on MSNSingPost completes sale of Freight Management Holdings for $867mSpecial dividend to be disclosed “in due course.” Singapore Post (SingPost) has completed divestment of its Australian logistics business Freight Management Holdings (FMH) to Pacific Equity Partners ...
SingPost has indicated it will allocate the sale proceeds towards reducing debt, including the repayment of A$362.1 million ( S$307.8 million) in borrowings related to the FMH acquisition.
The group first announced the sale of FHM to Pacific Equity Partners on Dec 2, 2024 for an enterprise value of A$1.02 bil.
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