News for Singapore Post Limited (SPSTF)

Mutually-agreed exercise of options with Alibaba in line with previously agreed terms Transaction results in expected cash inflow of approximately S$55.86 million Based on the valuation of QSI[1], there is an indication of potential goodwill impairment of up to S$77.86 million SINGAPORE, April 16, 2025 /PRNewswire/ -- Singapore Post Limited ('SingPost') today announced the mutually agreed unwinding of cross-holdings with Alibaba Group Holding Limited ('Alibaba') based on previously agreed terms.

Singapore Post sold its Australian business, which will help with debt repayment and enables a special dividend. Read more about SPSTY stock here.

Investment in eCommerce capacity as pathway for growth for Singapore business Plans to consolidate all operations at Regional eComm LogHub SingPost working with the Government on a business model to ensure long-term financial sustainability of postal services including the Post Office Network SINGAPORE, March 13, 2025 /PRNewswire/ -- Singapore Post Limited (SingPost) today announced a S$30 million investment in its Regional eCommerce Logistics Hub (eComm LogHub) facility, to expand eCommerce processing capacity as a pathway for future growth.

US budget deficit up 39%. Number goes up. Hard for the US to stay decoupled. Treasuries instead of real estate. Indian Rupee hits ATL.

Singapore Post Limited (SPOST SP): Profitable Growth rank of 7 was up compared to the prior period’s 8th rank.

Asia stocks rise on US inflation cheer; Honda-Nissan merger in focus

SINGAPORE, Sept. 12, 2024 /PRNewswire/ -- Singapore Post Limited (SingPost) a leading postal and eCommerce logistics provider in Asia Pacific, and Cainiao, a global leader in e-commerce logistics, have signed a Memorandum of Understanding (MOU) to explore strategic collaborations aimed at fostering the long-term growth of Singapore's cargo and logistics sectors. This collaboration will strengthen both organisation's logistics networks to capture the expanding eCommerce market in Southeast Asia.

Dear all Singapore Post Limited (SingPost) is one of CGSI’s three value picks with re-rating potential in their Singapore Strategy report dated 8 May 2024. I...

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Operator: Good day, and thank you for standing by. Welcome to Wish's Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

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