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Assessing Tuas (ASX:TUA) Valuation After Regulatory Suspension Of M1 Acquisition Review
Interest in Tuas (ASX:TUA) has spiked after Singapore’s regulator suspended its review of the planned M1 Limited acquisition, following allegations that the SIMBA business may have used unauthorized radio frequency spectrum.
See our latest analysis for Tuas.
The regulatory suspension has triggered a sharp reset in sentiment, with Tuas posting a 7 day share price return of down 62.13% and a year to date share price return of down 67.37%. Despite this, the 5 year total shareholder return of...