|Day's range||2.72 - 2.74|
|52-week range||2.66 - 3.96|
|PE ratio (TTM)||14.68|
|Dividend & yield||0.14 (6.95%)|
|1y target est||N/A|
Accel Systems & Technologies will become a wholly owned subsidiary of StarHub after the carrier acquires the remaining 49 percent stake for a maximum of SG$26.22 million.
The acquisition will be in two phases. Singapore telco giant StarHub Ltd announced an agreement to acquire the remaining 49% stake in Accel Systems & Technologies Pte. Ltd. in two phases: 29.4% in Phase 2 and 19.6% in Phase 3. StarHub CEO Tan Tong Hai said following the completion of the two phases, Accel will be a wholly-owned subsidiary of StarHub.
StarHub Ltd., facing the biggest shake up in Singapore’s phone industry since it started almost two decades ago, is seeking growth beyond the consumer market. Its strategy: providing more data analytics ...