30-08-2022, 10:02 AM
Singtel (SGX: Z74) has ramped up its capital recycling efforts in recent months.
The telco divested part of its Australian tower network late last year and is also said to be mulling a listing for its Australian subsidiary, Optus.
These moves have boosted the blue-chip group’s numbers as it reported its fiscal 2023 first quarter (1Q2023) business update for the period ended 30 June 2022.
Singtel’s share price has done well too, rising by close to 14% year to date.
https://sg.finance.yahoo.com/news/singte...00800.html
The telco divested part of its Australian tower network late last year and is also said to be mulling a listing for its Australian subsidiary, Optus.
These moves have boosted the blue-chip group’s numbers as it reported its fiscal 2023 first quarter (1Q2023) business update for the period ended 30 June 2022.
Singtel’s share price has done well too, rising by close to 14% year to date.
https://sg.finance.yahoo.com/news/singte...00800.html