SingPost Strategic Review Unveils Pathways to Growth and Unlocking Shareholder Value
SINGAPORE, March 19, 2024 (GLOBE NEWSWIRE) -- Singapore Post Ltd (“SingPost”) today announced the completion of the strategic review of the group.
- SINGAPORE, March 19, 2024 (GLOBE NEWSWIRE) -- Singapore Post Ltd (“SingPost”) today announced the completion of the strategic review of the group.
- The strategic review was initiated in May 2023 where Merrill Lynch (Singapore) Pte.
- This is particularly apparent considering the value of the SingPost Centre, the Group’s Australian business and the Group’s growth potential.
- Potential proceeds will be appropriately allocated by the Board to reduce debt, support growth investments, and return value to shareholders.