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Singtel expects S$1.21 billion charge, starts strategic review of 2 US units

Singtel expects S$1.21 billion charge for FY2021, starts strategic review of 2 US units
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Singtel expects S$1.21 billion charge for FY2021, starts strategic review of 2 US units
The charge is mostly due to impairment of assets and goodwill at digital marketing firm Amobee and cybersecurity business Trustwave.
Singtel signage at its head office in Singapore. (File photo: REUTERS/Edgar Su)
14 May 2021 09:37AM
(Updated:
14 May 2021 10:32AM)
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SINGAPORE: Singtel said on Friday (May 14) it had begun a strategic review to consider options for digital marketing firm Amobee and cybersecurity business Trustwave.
Singtel said it expected to record net exceptional losses of S$1.21 billion in its full-year results, mostly due to impairment of assets and goodwill at the two businesses. ....

Yuen Kuan Moon , ய்வெந் குவான் நிலா ,

Singtel to rethink strategy as it prepares to book almost $1bn loss

Singtel to rethink strategy as it prepares to book almost $1bn loss
totaltele.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from totaltele.com Daily Mail and Mail on Sunday newspapers.

Singtel Group , Yuen Kuan Moon , ய்வெந் குவான் நிலா ,

Singtel Starts Business Review After Indicating Exceptional Loss

Singtel Starts Business Review After Indicating Exceptional Loss
May 14 2021, 10:09 AM
May 14 2021, 8:29 AM
May 14 2021, 10:09 AM
(Bloomberg) Singapore Telecommunications Ltd. has begun a strategic review of some businesses after saying it will book a charge of S$1.21 billion ($907.1 million) in its upcoming annual results.
(Bloomberg) Singapore Telecommunications Ltd. has begun a strategic review of some businesses after saying it will book a charge of S$1.21 billion ($907.1 million) in its upcoming annual results.
The review will focus on reinvigorating core business, new growth engines, reallocation of capital and unlocking of value, Yuen Kuan Moon, Singtelâs group chief executive officer, said at a media briefing. Some of the digital businesses have taken longer than expected to scale up, he added. ....

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STI up 0.5% over the week; Singtel at 9-month high on possible strategic changes

STI up 0.5% over the week; Singtel at 9-month high on possible strategic changes
straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.

United States , Sembcorp Industries , Straits Times Index , Yuen Kuan Moon , Hang Seng , Shanghai Composite , Wall Street , ஒன்றுபட்டது மாநிலங்களில் , நீரிணை முறை குறியீட்டு , ய்வெந் குவான் நிலா , செயலிழக்க செங் , ஷாங்காய் கலப்பு , சுவர் தெரு ,

Singtel hack: Telco reveals data of 129,000 customers stolen

February 18, 2021
Some of the stolen information may have been put up on the dark web.
The Straits Times file
SINGAPORE - The personal data of some 129,000 Singtel customers were extracted by hackers during the recent breach of a third-party file sharing system used by the telco.
Information such as names, addresses, phone numbers, identification numbers and dates of birth, in varying combinations, were stolen by attackers, said Singtel in a statement on Wednesday (Feb 17).
They also stole the bank account details of some 28 former Singtel employees, and the credit card details of 45 employees of a corporate customer, according to the statement. ....

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