"In particular, no definitive or binding agreement in relation to the sale of Famous Holdings has been entered into at this time," said SingPost, clarifying a media report published on Jan 3.
In the report, Maybank Securities had said that the national postal service provider could offer a potentially "significant" special dividend after it completes its planned sale of two business units.
The research house was referring to SingPost's proposed divestment of its Australian logistics business Freight Management Holdings and its potential sale of freight forwarding business Famous Holdings.
Maybank said the sale of Famous Holdings should conclude by the end of January 2025, which should raise between $80 million and $100 million in proceeds.
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Denne historien er fra January 07, 2025-utgaven av The Straits Times.
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Victoria!
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