The Singapore Exchange (SGX) has given its approval in principle for Alibaba to raise its stake in Singapore Post (SingPost). SingPost filed an announcement about the SGX approval yesterday (15 December).
Alibaba will be acquiring about 107.6m new shares in SingPost, which will raise its stake in the postal operator from 10.2% to 14.4%.
The arrangement is reportedly set to be completed by the end of February.
KEBA is an internationally successful high-tech company with headquarters in Linz (Austria) and subsidiaries worldwide. KEBA is active in the three operative business areas: Industrial Automation, Handover Automation and Energy Automation. The company has been developing and producing for more than 50 years according to […]
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