Telecommunication Services(IN30171.SG)

Last Updated 07:30:00 SGT
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Telecommunication Services
IN30171.SG
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StarHub Uses Treasury Shares to Fulfil Restricted Stock Awards

StarHub Ltd has transferred 1,993,982 treasury shares to fulfill obligations under its Restricted Stock Plans, reducing its treasury share holdings from 9,372,395 to 7,378,413 shares. This represents a S$2.1 million utilization of treasury stock. The latest analyst rating for StarHub (SG:CC3) is a Buy with a price target of S$1.30. StarHub is a Singapore-based telecommunications and media company providing various services to consumers and businesses.

Tip Ranks·
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CC3
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Tip Ranks·
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Envision President Huang Guobin stepped down on April 1, succeeded by Vice President Liu Lianwan | Lianhe Zaobao

The information technology service company Ensign under New Telecom announced personnel changes. Current President Huang Guobin will step down on April 1, to be succeeded by Vice President Liu Lianwan. During Huang Guobin's tenure, the company increased its investment in cloud computing and digital platforms, with revenue rising from 1.8 billion to 3 billion. Liu Lianwan joined the company in 2021 and has previously worked at the Government of Singapore Investment Corporation and Accenture

Zaobao·
SG
Z74
-0.65%
Zaobao·
SG
Z74
-0.65%

Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down

Singtel subsidiary NCS announced that Mr. Ng Kuo Pin will step down as CEO on April 1 after seven years. He will be succeeded by Sam Liew, the current deputy CEO. Liew has a strong background in technology management, previously serving at GIC and Accenture. Under Ng's leadership, NCS grew its revenue from $1.8 billion to $3 billion, focusing on cloud and digital platforms. Singtel's CEO praised Ng's contributions to NCS's growth as a key part of the Singtel Group's strategy.

Straitstimes·
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Straitstimes·
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Singapore Says NCS CEO Ng Kuo Pin To Relinquish Role

Singapore Telecommunications Ltd :NCS CEO NG KUO PIN TO RELINQUISH ROLE; SAM LIEW TO TAKE OVER

Reuters·
SG
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US
SGAPY
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Reuters·
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Maybank Sticks to Its Buy Rating for Singtel (SNGNF)

Maybank has reaffirmed its Buy rating for Singtel (SNGNF), setting a price target of S$5.08, while the stock closed at S$4.46. Analyst Thilan Wickramasinghe, with a 10.2% average return and 77.78% success rate, supports this view. The overall analyst consensus for Singtel is a Strong Buy, with an average price target of S$5.24, indicating a 17.50% upside. Phillip Securities also maintains a Buy rating with a S$5.35 target.

Tip Ranks·
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Z74
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Tip Ranks·
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