22-08-2013, 09:02 PM
(22-08-2013, 08:25 PM)CityFarmer Wrote:(22-08-2013, 07:27 PM)Dividend Warrior Wrote:(22-08-2013, 05:58 PM)CityFarmer Wrote: It is SingTel bought over the entire OpenNet via NetLink indirectly. I am pleasantly surprises by the move. It will make NetLink more "invest-able"...
The price tag is also favorable to SingTel IMO. It is estimated that $126 mil is less than P/S of 1 as of now... Why so cheap? Hmm...
City Farmer, I dun understand the news.
Did CitySpring or Singtel buy OpenNet?
CityNet, a subsidiary of CitySpring is the trustee-manager of NetLink Trust, in which Singapore Telecommunications has a 100 per cent stake.
I see. Thanks!

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