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Singapore Post ( (SG:S08) ) has provided an announcement.
Singapore Post Limited (SingPost) has confirmed that it has identified a preferred bid for the sale of a portfolio of 10 HDB retail units. The transaction is not yet finalized and will require necessary approvals before completion. SingPost advises its shareholders to exercise caution and seek professional advice regarding their shares or other securities in the company. The sale is part of SingPost’s ongoing efforts to manage its assets strategically, which could impact its operations and market positioning.
The most recent analyst rating on (SG:S08) stock is a Buy with a S$0.77 price target. To see the full list of analyst forecasts on Singapore Post stock, see the SG:S08 Stock Forecast page.
More about Singapore Post
Singapore Post (SingPost) is a leading postal and eCommerce logistics provider in the Asia Pacific region. The company offers a wide range of services including national and international postal services, warehousing and fulfillment, international freight forwarding, and last mile delivery, serving customers in over 220 global destinations. Headquartered in Singapore, SingPost operates in 14 markets worldwide and employs approximately 3,000 people.
Average Trading Volume: 12,288,546
Technical Sentiment Signal: Buy
Current Market Cap: S$1.14B
See more data about S08 stock on TipRanks’ Stock Analysis page.
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