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Netlink Nbn Trust Posts Q1 Profit After Tax S$20.9 Million
Netlink NBN Trust Posts FY19 Total DPU Of 4.88 Singapore Cents
Netlink Nbn Trust Posts Qtrly Profit After Tax Of S$19.6 Million
NetLink NBN Trust is a Singapore-based infrastructure company. The Company nationwide network is the foundation of the Next Gen NBN, over which ultra-high-speed Internet access is delivered throughout mainland Singapore and its connected islands. It is engaged in the provision of ducts and manholes, central offices and space in central offices and fiber related services in Singapore. It is focused on designing, building, owning and operating the passive fiber network infrastructure. Its network provides nationwide coverage to residential home and nonresidential premises in mainland Singapore and its connected islands. It provides a number of services to Requesting Licensees, which provides fiber services to retail service providers, who in turn provide retail fiber services to end-users. It also provides space in co-location rooms within the Central Offices to Requesting Licensees to host active network equipment, servers and any other interconnecting equipment.
750E Chai Chee Road
#07-03 Viva Business Park
Chee Kheong Mah
Non-Executive Independent Chairman of the Board of NetLink NBN Management Pte. Ltd.
Yew Heng Tong
Chief Executive Officer of Trust Group, Executive Director of NetLink NBN Management Pte. Ltd.
Hein Jee Wong
Chief Financial Officer of the Trust Group
Hoon Pin Chye
Chief Operating Officer of the Trust Group
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* Sees cost savings of S$490 mln for FY2020 (Adds cost-saving target, share movement, and comments)
Singapore Telecommunications Ltd on Thursday reported underlying net profit fell 22 percent in the second quarter, hit by lower contributions from some of its regional associates and a stronger Singapore dollar.
Singapore Telecommunications Ltd on Thursday reported a 19 percent fall in its fourth-quarter net profit, hurt by lower contributions from its regional associates in Indonesia and India as well as adverse currency movements.
* Q3 PROFIT AFTER TAX S$21.7 MILLION Source text for Eikon: Further company coverage:
* QTRLY REVENUE S$83.4 MLN Source text for Eikon: Further company coverage: (firstname.lastname@example.org)
Cromwell European Real Estate Investment Trust, sponsored by Australia's Cromwell Property Group, started trading at 0.55 euros per unit on Thursday, same as the offer price of its 556 million euro ($659.5 million) IPO in Singapore.
Singapore Telecommunications Ltd on Thursday reported a record net profit and declared a special dividend in the second quarter, helped by a gain on the divestment of its stake in broadband unit NetLink NBN Trust.
Keppel-KBS US REIT has launched its $448 million initial public offering in Singapore at $0.88 a unit, according to a prospectus filed with the central bank on Wednesday.
Australia's Cromwell Property Group will tap Asian investors in a bid to raise as much as 900 million euros ($1.1 billion) through a real estate investment trust in Singapore, according to a prospectus lodged Friday.
Singapore Telecommunications Ltd on Friday reported a 5.6 percent drop in first-quarter net profit, hurt by exceptional items and lower contributions from India's Bharti Airtel Ltd, one of its regional associates.
NetLink NBN Trust units closed steady at their offer price on Wednesday, although analysts said the muted debut was not a surprise given the large size of the listing and that the outlook for Singapore's IPO market remained positive.
Most Southeast Asian stock markets closed higher on Wednesday, in line with Asian peers, as investors looked beyond economic cues from the United States to focus on corporate earnings due next week. Optimism about the Chinese economy underpinned Asian shares and commodities...
Units of NetLink NBN Trust , the broadband unit of Singapore Telecommunications (Singtel), debuted on Wednesday at S$0.815, slightly above the offer price, in Singapore's biggest initial public offering in four years.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.