PRE-MARKET SINGAPORE STOCK NEWS: Singapore Telecommunications (ST SP) Q3 (SGD) net rose 43.5% Y/Y to 1.89bln
Importance
Level 1
Far East Hospitality Trust (FEHT SO) - Co. H2 (SGD) net property income rose 2.1% Y/Y to 50.9mln, while DPS fell 7.7% Y/Y to 2.08 cents. (Business Times)
Singapore Telecommunications (ST SP) - Co. Q3 (SGD) net rose 43.5% Y/Y to 1.89bln, which includes an exceptional gain of SGD 1.15bln largely from the sale of a partial stake in Bharti Airtel (BHART IS), underlying net rose 744mln (prev. 680mln Y/Y), oper. revenue rose 0.9% YY to 3.66bln. (Newswires)
StarHub (STH SP) - Co. H2 (SGD) net profit fell 50.9% Y/Y to 38.5mln, rev. fell 3.1% Y/Y to 1.2bln. (Business Times)
Grab Holdings (GRAB) - Co. announced to acquire US digital investing platform Stash Financial, which is valued at USD 425mln. (Grab)
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