Keppel Stock: Buy, Hold or Sell After the M1-Simba Deal Collapse?
Singapore investors received a surprise development today after Keppel announced that its planned sale of M1’s telecom business to Simba Telecom will likely lapse following regulatory complications. The Infocomm Media Development Authority (IMDA) suspended its review of the proposed transaction amid investigations involving spectrum usage concerns related to Simba. The news immediately raised a bigger
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