Singtel raises 24.99% Stake in Thailand’s Intouch

Singtel recently announced a stake in Thailand’s telco, Intouch Holdings, which has jumped from 21.21% to 24.99%, following its acquisition of 121 million shares from Temasek’s Anderton Investments for S$330 million. Industry sources assessed and stated that even before Singtel’s surge in stake, it had already been one of Intouch’s two largest shareholders alongside Gulf […]

Singtel partners Lendlease to redevelop Comcentre HQ

Singtel today announced that it is partnering with global real estate group Lendlease to redevelop its Comcentre headquarters into a USD 3 billion world class sustainable workplace featuring the latest smart building and digital technologies. Singtel and Lendlease have agreed to enter into a joint venture for the redevelopment, where Lendlease will subscribe to 49% […]