\"\"
<\/span><\/figcaption><\/figure> SINGAPORE<\/a>: Singapore conglomerate Keppel Corp and Singapore Press Holdings (SPH) said on Tuesday they will not raise their offer price to gain majority control of mobile operator M1 Ltd, a move that could put pressure on Axiata Group<\/a>, M1's single largest shareholder.

Keppel and SPH, which together control 34.3 percent of Singapore's smallest mobile operator, said in September they would offer S$2.06 ($1.5) per share for majority ownership of M1 in a bid to support its falling share price and restructure the firm to better compete against sector rivals.

\"The offeror wishes to announce that it does not intend to increase the offer price of S$2.06 in cash per offer share under any circumstances whatsoever,\" Keppel and SPH said in a regulatory announcement issued by their jointly-owned holding company.

The closing date was extended to Feb 18 from Feb 4.

Malaysia's Axiata, which holds a 28.3 percent stake in M1, said in September the offer should reflect the accurate future value of M1, inclusive of an acceptable control premium and consistent with market standards.

Axiata said at the time it was working with an adviser and was reviewing its options. Reuters cited a source as saying Axiata viewed the offer price as \"inadequate\".

There was no immediate comment from Axiata on Tuesday.

Since the September announcement, M1's shares have rallied 26 percent to trade at S$2.05 on Tuesday but are little changed over the past two years and have lost 49 percent from a record high of S$3.99 in early 2015.

Mobile telecoms competition is heating up in Singapore, with Australia's
TPG Telecom<\/a> planning to launch a new service after winning a license to become the city-state's fourth telecom<\/a> operator. Analysts consider M1 to be the most vulnerable to new competition.

In July 2017, Axiata, Keppel and SPH had considered, and then called off a strategic review of their M1 shareholding, which sources said was due to a lower-than-expected offer from external parties.
<\/body>","next_sibling":[{"msid":67637127,"title":"France considers bill amendment to target Huawei: Les Echos","entity_type":"ARTICLE","link":"\/news\/france-considers-bill-amendment-to-target-huawei-les-echos\/67637127","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":67637188,"entity_type":"ARTICLE","title":"Singapore telco M1's bidders say no plan to raise offer price","synopsis":" Singapore conglomerate Keppel Corp and Singapore Press Holdings (SPH) said on Tuesday they will not raise their offer price to gain majority control of mobile operator M1 Ltd, a move that could put pressure on Axiata Group, M1's single largest shareholder.","titleseo":"telecomnews\/singapore-telco-m1s-bidders-say-no-plan-to-raise-offer-price","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"REUTERS","artdate":"2019-01-22 12:25:29","lastupd":"2019-01-22 12:25:29","breadcrumbTags":["singapore","Axiata Group","Telecom","Industry","TPG Telecom"],"secinfo":{"seolocation":"telecomnews\/singapore-telco-m1s-bidders-say-no-plan-to-raise-offer-price"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2019-01-22" data-index="article_1">

新加坡电信M1的买家说没有计划提高报价

新加坡吉宝集团和新加坡报业控股集团(SPH)周二表示,他们不会提高报价获得移动运营商M1有限公司的控股权,此举可能Axiata施压集团,M1的单一最大股东。

  • 发表在2019年1月22日,下午需要坚持
新加坡:新加坡吉宝集团和新加坡报业控股集团(SPH)周二表示,他们不会提高报价获得移动运营商M1有限公司的控股权,此举可能施加压力Axiata集团,M1的单一最大股东。

新加坡吉宝和SPH一起控制34.3%的最小的移动运营商,在9月表示他们将提供每股2.06美元(合1.5美元)的大部分所有权M1,以支持其股价下跌和重组公司更好地与行业竞争对手。

“要约人希望宣布,它不打算增加报价现金出价每股2.06新元的在任何情况下,“凯珀尔和SPH出具监管机构发布的一份声明中说他们共同拥有控股公司。

广告
的截止日期延长至2月18日2月4。

马来西亚的Axiata M1持有28.3%的股份,在9月表示M1的提供应该反映准确的未来价值,包括一个可接受的控制溢价和符合市场标准。

Axiata当时表示,该公司正与一名顾问,并审查其选项。路透社援引消息人士的话说Axiata报价视为“不充分”。

从周二Axiata没有立即对此事发表评论。

自从9月宣布,M1的股价周二上涨26%,至2.05新元,但小改变在过去的两年里,已经失去了49%的纪录高位3.99美元在2015年初。

移动电信竞争升温在新加坡,澳大利亚的TPG电信计划推出一项新服务后获得许可证,成为该国第四电信操作符。分析师认为M1是最脆弱的新竞争。

2017年7月,Axiata凯珀尔和SPH曾考虑,然后取消了M1股权的战略评估,消息人士称是由于从外部各方提供低于预期。
  • 发表在2019年1月22日,下午需要坚持
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\"\"
<\/span><\/figcaption><\/figure> SINGAPORE<\/a>: Singapore conglomerate Keppel Corp and Singapore Press Holdings (SPH) said on Tuesday they will not raise their offer price to gain majority control of mobile operator M1 Ltd, a move that could put pressure on Axiata Group<\/a>, M1's single largest shareholder.

Keppel and SPH, which together control 34.3 percent of Singapore's smallest mobile operator, said in September they would offer S$2.06 ($1.5) per share for majority ownership of M1 in a bid to support its falling share price and restructure the firm to better compete against sector rivals.

\"The offeror wishes to announce that it does not intend to increase the offer price of S$2.06 in cash per offer share under any circumstances whatsoever,\" Keppel and SPH said in a regulatory announcement issued by their jointly-owned holding company.

The closing date was extended to Feb 18 from Feb 4.

Malaysia's Axiata, which holds a 28.3 percent stake in M1, said in September the offer should reflect the accurate future value of M1, inclusive of an acceptable control premium and consistent with market standards.

Axiata said at the time it was working with an adviser and was reviewing its options. Reuters cited a source as saying Axiata viewed the offer price as \"inadequate\".

There was no immediate comment from Axiata on Tuesday.

Since the September announcement, M1's shares have rallied 26 percent to trade at S$2.05 on Tuesday but are little changed over the past two years and have lost 49 percent from a record high of S$3.99 in early 2015.

Mobile telecoms competition is heating up in Singapore, with Australia's
TPG Telecom<\/a> planning to launch a new service after winning a license to become the city-state's fourth telecom<\/a> operator. Analysts consider M1 to be the most vulnerable to new competition.

In July 2017, Axiata, Keppel and SPH had considered, and then called off a strategic review of their M1 shareholding, which sources said was due to a lower-than-expected offer from external parties.
<\/body>","next_sibling":[{"msid":67637127,"title":"France considers bill amendment to target Huawei: Les Echos","entity_type":"ARTICLE","link":"\/news\/france-considers-bill-amendment-to-target-huawei-les-echos\/67637127","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":67637188,"entity_type":"ARTICLE","title":"Singapore telco M1's bidders say no plan to raise offer price","synopsis":" Singapore conglomerate Keppel Corp and Singapore Press Holdings (SPH) said on Tuesday they will not raise their offer price to gain majority control of mobile operator M1 Ltd, a move that could put pressure on Axiata Group, M1's single largest shareholder.","titleseo":"telecomnews\/singapore-telco-m1s-bidders-say-no-plan-to-raise-offer-price","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"REUTERS","artdate":"2019-01-22 12:25:29","lastupd":"2019-01-22 12:25:29","breadcrumbTags":["singapore","Axiata Group","Telecom","Industry","TPG Telecom"],"secinfo":{"seolocation":"telecomnews\/singapore-telco-m1s-bidders-say-no-plan-to-raise-offer-price"}}" data-news_link="//www.iser-br.com/news/singapore-telco-m1s-bidders-say-no-plan-to-raise-offer-price/67637188">