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BRIEF-Singapore Press Holdings clarifies on article "M1's shareholders said to explore sale of Singaporean operator"
March 17, 2017 / 10:47 AM / in 7 months

BRIEF-Singapore Press Holdings clarifies on article "M1's shareholders said to explore sale of Singaporean operator"

March 17 (Reuters) - Singapore Press Holdings Ltd:

* Refers to article published on Bloomberg news on 17 March entitled “M1’s shareholders said to explore sale of Singaporean operator”

* Co, Keppel Telecommunications & Transportation and Axiata Group Bhd are currently undertaking a strategic review in respect of their respective shareholdings in M1 LTD

* Co, Keppel Telecommunications & Transportation and Axiata have jointly appointed Morgan Stanley Asia (Singapore) as financial adviser

* No assurance any transaction will materialise from such strategic review or that any definitive or binding agreement will be reached Source text for Eikon: Further company coverage:

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