M1 to be delisted as takeover acceptances top 90 percent
M1 will be delisted from the SGX as acceptances of the takeover bid for the Singapore telco have crossed over 90 percent, Konnectivity said Wednesday.
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UPDATE: Singapore stocks to watch Monday: DBS, Frasers Property, M1, Hyflux, DeClout, Procurri
These are Singapore companies which may be in focus on Monday, 18 February 2019: DBS, M1, Hyflux, DeClout, Procurri, JUMBO and Spackman.
Takeover offer for M1 turns unconditional as Axiata tenders stake
Konnectivity’s bid for M1 has become unconditional after one of the Singapore telco’s major shareholders, Malaysia-based Axiata, tendered its shares.
OCBC advises accepting offer for M1 shares
OCBC on Tuesday advised shareholders to accept the takeover bid for M1 shares, calling it a “fair exit.” Absent the offer, M1 shareholders would remain…
Keppel shares fall after M1 and Keppel T&T bids as market eyes possible bidding battle
Shares of Keppel Corp. were down 1.82 percent at S$7.03 at 15:05 SGT on Friday, likely in part due to a usually “acquirer knockdown” after…
M1 shares surge above Keppel-SPH bid price amid speculation of higher offer
Shares of Singapore telco M1 surged 28.22 percent to S$2.09 by 1:36 P.M. SGT on Friday, trading above the S$2.06 a share takeover offer price…
UOB KayHian: Keppel makes ‘two offers you can’t refuse’ for Keppel T&T and M1
Keppel Corp. has made “two offers you can’t refuse” with its bids for M1 and Keppel Telecommunications & Transportation, UOB KayHian said on Friday, advising shareholders…
KGI: Bids for Keppel T&T and M1 are net positives for Keppel
The planned deals for M1 and Keppel Telecommunications & Transportation are net positives for Keppel Corp. as they are immediately accretive to earnings per share, KGI…
UPDATE: Axiata: Reviewing options on Keppel-SPH bid to buy out M1
Malaysia-listed Axiata, which holds around 28.7 percent of M1, said on Thursday that it was still reviewing the Keppel Corp.’s and Singapore Press Holdings’ bid…
UPDATE: Keppel-SPH vehicle to make offer for M1 at S$2.06 a share
Keppel Corp. and Singapore Press Holdings (SPH), via a special purpose vehicle called Konnectivity, plan to make an offer for all of M1 at S$2.06…
Keppel Corp, SPH request trading halts before market open Thursday
Both Keppel Corp. and Singapore Press Holdings, or SPH, requested trading halts on their shares before the market open on Thursday, pending the release of…
Would an M1 deal be a play on Singapore telco consolidation?
While details remain fuzzy over what transaction is being weighed for M1, a potential investor in Singapore’s current smallest telco could be looking to play…