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StarHub Ltd (STAR.SI)

STAR.SI on Stock Exchange of Singapore

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13 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Starhub Ltd Says Q3 Profit Attributable S$57.0 Mln
Friday, 9 Nov 2018 

Nov 9 (Reuters) - StarHub Ltd ::Q3 PROFIT ATTRIBUTABLE S$57.0 MILLION VERSUS S$65.4 MILLION.STARHUB MAINTAINS GUIDANCE ON GROUP'S 2018 SERVICE REVENUE TO BE 1% TO 3% LOWER YOY.QTRLY TOTAL REVENUE S$582.2 MILLION VERSUS S$565.2 MILLION.STARHUB INTENDS TO PAY A QUARTERLY CASH DIVIDEND OF 4 CENTS PER ORDINARY SHARE FOR FY2018.  Full Article

StarHub, Temasek Unit To Form Cyber Security Firm
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - StarHub Ltd ::CO AND TEMASEK UNIT TO FORM CYBER SECURITY FIRM.NEW ENTITY ENSIGN INFOSECURITY TO MERGE STARHUB’S CYBER SECURITY CENTRE OF EXCELLENCE, ITS UNIT ASTL AND TEMASEK-OWNED QUANN.ENSIGN WILL GENERATE REVENUES IN EXCESS OF S$100 MILLION ANNUALLY IN CYBER SECURITY SOLUTIONS, SYSTEMS INTEGRATION AND MANAGED SERVICES.WILL PAY S$36 MILLION IN CASH FOR ITS STAKE IN JV FIRM ENSIGN INFOSECURITY.  Full Article

Starhub Signs Agreement To Acquire D'crypt Pte
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Starhub Ltd ::ENTERED AGREEMENT TO ACQUIRE D'CRYPT PTE LTD FOR A MAXIMUM CONSIDERATION OF UP TO S$122 MILLION.POST-ACQUISITION, D'CRYPT WILL OPERATE AS STANDALONE STARHUB UNIT AND CONTINUE TO BE LED BY CURRENT MANAGEMENT TEAM​.  Full Article

Starhub CEO Tan Tong Hai will step down from his position​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Starhub Ltd :‍ CEO Tan Tong Hai will step down from his position​.  Full Article

StarHub says qtrly net profit S$‍76.2​ mln vs S$86 mln
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Starhub Ltd :Qtrly net profit S$76.2​ million versus S$86.0 million a year ago.Q3 total revenue S$‍580.4​ million versus S$585.3 million.‍Maintain guidance on 2017 service revenue to be at about 2016's level and EBITDA margin to be between 26 pct to 28 pct of service revenue​.‍In 2017, capex payment, excluding spectrum payment of S$69.3 million, is expected to decrease to 10 pct of total revenue​.Intend to maintain a quarterly cash dividend of 4 cents per ordinary share for FY2017​.  Full Article

Starhub posts quarterly net profit of S$85.7 mln
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Starhub Ltd :Quarterly net profit of S$85.7 million versus S$108.6 million a year ago.Quarterly revenue of S$579.1 million versus S$585.7 million a year ago.Intend to maintain a quarterly cash dividend of 4 cents per ordinary share for FY2017..Maintain guidance on group's 2017 service revenue.Post-Paid mobile ARPU at s$70 in 2Q2017 and S$69 in 1H2017 was S$1 lower YOY.Pre-Paid mobile ARPU at S$15 was S$1 lower YOY for both 2Q2017 and 1H2017.  Full Article

StarHub announces acquisition of remaining shares in Accel Systems & Technologies
Friday, 7 Jul 2017 

July 7 (Reuters) - StarHub Ltd ::Proposed acquisition of remaining shares in Accel Systems & Technologies Pte. Ltd .Announces an agreement to acquire remaining 49 pct stake in accel systems & technologies.Maximum aggregate cash consideration for two phases will be up to S$26.2 million.  Full Article

MM2 Asia enters placement agreement with Starhub Ltd​
Thursday, 29 Jun 2017 

June 29 (Reuters) - MM2 Asia Ltd :‍Co entered into a placement agreement with Starhub Ltd​.Starhub has agreed to subscribe for 26.3 million new ordinary shares in capital of company at S$0.57 per placement share.Net proceeds will be used to finance proposed acquisition of a stake in Golden Village Cinema business in Singapore and new productions.  Full Article

StarHub announces issue of S$200 mln perpetual securities
Friday, 16 Jun 2017 

June 16 (Reuters) - Starhub Ltd :Starhub Ltd Announces Issue Of S$200 mln 3.95% Subordinated Perpetual Securities.it is expected that listing of perpetual securities on sgx-st will take place on 19 June 2017.  Full Article

Telechoice International informed by Starhub that Starhub Logistics Contract will not be extended or renewed upon expiry
Tuesday, 30 May 2017 

May 30 (Reuters) - Starhub Ltd -:Informed by starhub that starhub logistics contract will not be extended or renewed upon its expiry on 30 june 2017​.Expiry of contract not expected to have more than single digit percent negative impact on co's eps for fy ending 31 dec. 2017​.  Full Article

Singapore's StarHub to cut jobs amid telco sector shakeout

SINGAPORE, Oct 3 Singaporean telecom operator StarHub Ltd said on Wednesday it would cut about 12 percent of its workforce as part of a strategic revamp that will include focusing and investing in new areas such as cybersecurity.