Stock to watch: SingPost
The following company saw new developments that may affect trading of its securities on Friday (Jun 20):
Singapore Post (SingPost): The national postal service provider has placed 10 Housing and Development Board shophouses for sale and leaseback. This is part of its plan to divest non-core assets and unlock shareholder value while maintaining current post office services, with the post office network having been unprofitable in recent years. Sales of the properties are expected to fetch S$50 million in total. SingPost shares closed 0.9 per cent or S$0.005 up at S$0.57 on Thursday.
Copyright SPH Media. All rights reserved.
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
More Fashion
LEESA ROWLAND From Hollywood to the Unknown: The Producer, Writer, Actress and Model Creating Her Own Next Chapter
Leesa Rowland has never been defined by just one role. Actress. Model. Writer. Producer. Author. Creative visionary. Philanthropist. Each title represents a different part of a career…
The Rise of Trevor Dutch: Strength, Style and Substance
From New York City to Europe’s Fashion Capitals, Trevor Dutch Is Bringing Strength, Sophistication, and Individuality to Every Frame In a city that never slows down, Trevor Dutch has…
Commentary: This year's Met Gala proved one thing: The real devil who wears Prada is Jeff Bezos
Apparently not content with bankrupting Sears, Toys R Us, Radio Shack and countless other businesses; buying and then maiming the Washington Post; and leading the Tech Bro right turn to…
Bald eagle 'massaging' its mate? AI deepfakes collide with the laws of the wild
Shadow gingerly places one taloned foot, then the other, on Jackie as she hunkers down on the nest. With Big Bear Lake glittering in the distance, he raises each foot in a kneading motion…