|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.9800 - 1.9800|
|52 Week Range||1.5600 - 2.0000|
|Beta (5Y Monthly)||-0.00|
|PE Ratio (TTM)||3.80|
|Forward Dividend & Yield||0.05 (2.65%)|
|Ex-Dividend Date||Dec 17, 2021|
|1y Target Est||N/A|
The Australian unit of telecom firm Singapore Telecommunications said on Friday it had appointed Gladys Berejiklian, the former premier of New South Wales (NSW) state, to its executive team. Berejiklian, who served as NSW premier between 2017 and 2021, will take up the newly created role of managing director, enterprise, business and institutional, Optus said, as the wireless carrier looks to gain market share in the country. "I believe she will be a game-changer for Optus," Chief Executive Officer Kelly Bayer Rosmarin said in a statement.
Singapore Telecommunications , Southeast Asia's largest telecoms firm, and ridehailing-to-payments firm Grab Holdings Ltd, have each bought a 16.3% stake in PT Bank Fama International to pursue banking opportunities in Indonesia. Indonesian conglomerate Elang Mahkota Teknologi Tbk (Emtek), the majority owner of the bank, said on Friday that it sold the stakes to units of Singtel and Grab to "accelerate and expand business growth" of Bank Fama.
Singapore Telecommunications Ltd has estimated it faces A$304 million ($216 million) in tax exposure, interest and penalties, after an Australian court dismissed its appeal against an assessment by the country's taxation office. The case is related to its acquisition of Singtel Optus Pty Limited in 2001. Singtel's Australian subsidiary, Singapore Telecom Australia Investments (STAI), had received amended assessments from the Australian Taxation Office for primary tax of A$268 million, interest of A$58 million and penalties of A$67 million in 2016 and 2017.