SGX:BN4Industrials
Assessing Keppel’s (SGX:BN4) Valuation After The Cancelled M1 Divestment Plan
Keppel’s cancelled M1 divestment puts telecom plans back in focus
Keppel (SGX:BN4) has scrapped its planned divestment of telecom operator M1 after regulators halted their assessment, leaving investors reassessing what this means for the group’s connectivity ambitions and capital allocation priorities.
See our latest analysis for Keppel.
The cancelled M1 divestment comes at a time when Keppel’s share price is at SGD10.91, with a 1-day share price return of 4.7% and a year-to-date share price...