SingPost reports 60% lower operating profit in 1QFY2026 business update
https://www.theedgesingapore.com/capita ... ess-update
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Singapore Post
Re: Singapore Post
by behappyalways » Wed Sep 10, 2025 2:11 pm
According to a bourse filing, Alibaba sold 151.3 million shares in the postal company for $64.4 million or 42.6 cents apiece.
Alibaba first invested in SingPost more than a decade ago in 2014. Back then, it paid $1.42 each for a stake of just over 10%.
Alibaba cuts SingPost stake to 4.61% via off-market deal
https://www.theedgesingapore.com/capita ... arket-deal
Alibaba first invested in SingPost more than a decade ago in 2014. Back then, it paid $1.42 each for a stake of just over 10%.
Alibaba cuts SingPost stake to 4.61% via off-market deal
https://www.theedgesingapore.com/capita ... arket-deal
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