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Singapore Post Ltd (SPOS.SI)

SPOS.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Singapore Post To Sell U.S. Ecommerce Businesses Following Strategic Review
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Singapore Post Ltd ::SINGPOST TO SELL U.S. ECOMMERCE BUSINESSES FOLLOWING STRATEGIC REVIEW.SINGPOST'S NON-U.S. BUSINESS UNITS WILL NOT BE AFFECTED BY DIVESTMENT.FOLLOWING STRATEGIC REVIEW OF ITS U.S. ECOMMERCE BUSINESSES, IT WILL COMMENCE A SALE PROCESS OF JAGGED PEAK AND TRADEGLOBAL.  Full Article

Singapore Post Accepts Financial Penalty Imposed By IMDA; Co To Expand Workforce
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Singapore Post Ltd ::CO ACCEPTS FINANCIAL PENALTY IMPOSED BY INFOCOMM MEDIA DEVELOPMENT AUTHORITY FOR MISSING ITS QUALITY OF SERVICE STANDARDS IN 2017.ANNOUNCES IMMEDIATE MEASURES TO IMPROVE SERVICE QUALITY, AS PART OF A BROAD REVIEW OF ITS POSTAL OPERATIONS.WORKING WITH GOVERNMENT AGENCIES AND UNION OF TELECOMS EMPLOYEES OF SINGAPORE TO SIGNIFICANTLY EXPAND ITS WORKFORCE.TO INCREASE POSTAL DELIVERY WORKFORCE BY HIRING ADDITIONAL 100 POSTMEN & REDEPLOYING 35 MAIL-DROP DRIVERS TO BECOME FULL-TIME POSTMEN.  Full Article

Singapore Post QTRLY Profit Attributable S$50.2 Million
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Singapore Post Ltd ::QTRLY PROFIT ATTRIBUTABLE S$50.2 MILLION VERSUS S$43.4 MILLION.QTRLY REVENUE S$441.4 MILLION VERSUS S$410.4 MILLION.DECLARED AN INTERIM DIVIDEND OF 0.5 CENT PER ORDINARY SHARE (TAX EXEMPT ONE-TIER).  Full Article

Singapore Post Appoints Phang Heng Wee, Vincent As CEO, Postal Services
Friday, 14 Dec 2018 

Dec 14 (Reuters) - Singapore Post Ltd ::ANNOUNCES RETIREMENT OF WOO KENG LEONG AS CHIEF EXECUTIVE OFFICER, POSTAL SERVICES.APPOINTS PHANG HENG WEE, VINCENT AS CEO, POSTAL SERVICES AND CEO SINGAPORE.  Full Article

Singapore Post Declares Q2 Profit Attributable Of S$25.1 Mln
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Singapore Post Ltd ::Q2 REVENUE S$368.7 MILLION VERSUS S$360.6 MILLION.Q2 PROFIT ATTRIBUTABLE S$25.1 MILLION VERSUS S$28.9 MILLION.INTERIM DIVIDEND OF 0.5 CENTS PER SHARE DECLARED.  Full Article

Singapore Post Reports Qtrly Profit Attributable Of S$18.7 Mln
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Singapore Post Ltd ::QTRLY PROFIT ATTRIBUTABLE S$18.7 MILLION VERSUS S$31.4 MILLION.Q1 REVENUE S$372.6 MILLION VERSUS S$360.5 MILLION.BOARD OF DIRECTORS HAS DECLARED AN INTERIM DIVIDEND OF 0.50 CENT PER ORDINARY SHARE.DOMESTIC MAIL VOLUMES ARE EXPECTED TO TREND DOWNWARDS.IS INTEGRATING ITS ECOMMERCE AND LOGISTICS BUSINESSES TO DERIVE SYNERGY BENEFITS.US MARKET REMAINS CHALLENGING, AND CO CONTINUES TO FOCUS ON TURNAROUND PLAN AND COMING PEAK SEASON.GROUP IS INTEGRATING ITS ECOMMERCE AND LOGISTICS BUSINESSES.  Full Article

Singapore Post Says Appointed Richard Lai Tak Loi As Group Chief Financial Officer
Monday, 9 Jul 2018 

July 9 (Reuters) - Singapore Post Ltd ::RICHARD LAI TAK LOI APPOINTED GROUP CHIEF FINANCIAL OFFICER.  Full Article

Singapore Post FY Net Profit Attributable S$126.4 Mln
Friday, 11 May 2018 

May 11 (Reuters) - Singapore Post Ltd ::FY NET PROFIT ATTRIBUTABLE S$126.4 MILLION VERSUS S$33.4 MILLION.FY REVENUE S$1,464.1 MLN VS S$1,347.8 MLN.FINAL DIVIDEND OF 2.0 CENTS PER SHARE PROPOSED.  Full Article

Singapore Post ‍Acquired Remaining Ordinary Shares Of Store House Operating Co
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Singapore Post Ltd ::‍ACQUIRED REMAINING 25 ORDINARY SHARES OF HK$1 EACH OF STORE HOUSE OPERATING CO FROM GARY PHILIP BEADELL FOR HK$1.3 MILLION​.  Full Article

Singapore Post says qtrly net profit attributable S$‍28.5​ mln
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Singapore Post Ltd :Qtrly net profit attributable S$‍28.5​ million versus S$31.4 million.‍Q2 revenue S$354.687 million versus S$321.733 million​.For Q2, board declared an interim dividend of 0.5 cent per ordinary share (tax exempt one-tier)​.Capital expenditure for FY2017/18 is expected to be lower than FY2016/17, as majority of development projects had been completed​.Decline in domestic letter mail volumes is expected to continue‍​.  Full Article

MOVES-France's Engie rebuilds global LNG trade team in Singapore post-divestment

* French energy group Engie said it is in the process of building a new liquefied natural gas (LNG) team after it completed the sale of its LNG assets to Total in July