SingPost Australia, a cash cow is a major contributor to overall profits.
#1

.SingPost Australia

"Those plans also include the proposed sale of SingPost’s Australian freight management business to a private equity firm for A$776 million (S$656 million) in cash, which would substantially improve the company’s financial position and make way for a potential special dividend.

Given that the Australian business is a major contributor to the company’s overall profits, the sale had also raised questions about SingPost’s long-term growth potential – doubts that Phang would have been well placed to address."

Thinking
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#2

Similarly, Optus, SingTel sub in Australia has been a major contributor to Singapore parents profitability for over 25  years..

Without Optus, SingTel could become ninja turtles
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#3

(25-12-2024, 11:13 AM)Scythian Wrote:  Similarly, Optus, SingTel sub in Australia has been a major contributor to Singapore parents profitability for over 25  years..

Without Optus, SingTel could become ninja turtles

It seems so many Sgtalk members here don't like Australia at all, so, why they don't petition to Govt to demand Singapore to sell everything off both :

SingPost Australia 
Optus Australia 
Singapore Power Energy
Part of Westfield malls
Part of AI Australia
SAF training camp in Townsville
NTUC large pig farms in WA

And relocate them to somewhere else just to make these Singaporeans happy.
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#4

.
Since WWII in 1942, Why Australians keeping Singaporeans alive?

And yet, Aussies benefitting nothing
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