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SIA, SIAE, Singtel potential candidates for company restructuring: Maybank

Singapore Business2021-08-01

Who will follow in SPH, Keppel and Sembcorp steps in corporate restructuring?

Drivers are in play for more corporate restructuring from Singapore firms following the major restructuring plans of Singapore Press Holdings (SPH) and a possible merger between Keppel Offshore & Marine and Sembcorp Marine Ltd, according to a report by Maybank Kim Eng.

According to the report, the drivers catalyzing these restructurings remain in play and are unlikely to retreat in the near-term.

Some Singapore companies named by Maybank that are potential candidates for a corporate restructuring are Singtel, Singapore Airlines Group and the Singapore Institute of Aerospace Engineers.

Maybank said Singtel is currently exploring options to review its stakes in associates and infrastructure assets to unlock latent value.

Continued weakness and expected long lead time to recovery of international air travel may force certain rationalization for SIA and SIAE. Meanwhile, big developers like CityDev and UOL also have sizable development businesses similar to CAPL.

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Comment135

  • Lim888
    ·2021-08-03
    Like
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  • HiddenDragon
    ·2021-08-02
    Good news.
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  • MiniCeption
    ·2021-08-02
    gd read
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  • Huat8989
    ·2021-08-02
    Like 
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  • Korlord
    ·2021-08-02
    Wonder how singtel will streamline with 5G and digital banking licences in its pipeline.
    Reply
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    • 七色祥云6
      价值投资才是王道
      2021-08-02
      Reply
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    • 李苗苗
      同问~
      2021-08-02
      Reply
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  • All in Tesla
    ·2021-08-02
    Spore companies are in trouble in the coming years that’s why I gave up investing on them. Not much potential for growth ?‍♂️
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  • Jasonngui
    ·2021-08-02
    Great
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    • Jasonngui
      Pls like
      2021-08-02
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  • YangXH
    ·2021-08-02
    Like Please
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  • KOHLP
    ·2021-08-02
    Great[Call] [Call] [Call] 
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  • EHG
    ·2021-08-02
    Like 
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  • SKK792004
    ·2021-08-02
    Wow wow wow
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  • WeiChyi
    ·2021-08-02
    Opps
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  • MengKeng
    ·2021-08-02
    They should revise their operating model and find new and innovative ways so that they can get afloat and beat the competition
    Reply
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  • Gaga71
    ·2021-08-02
    Ok
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  • rich9888H
    ·2021-08-02
    Good new if they merge?
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  • AloAlo
    ·2021-08-02
    Like
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    • DL97
      Likezz
      2021-08-02
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  • YEOSF
    ·2021-08-02
    Looking forward to see and constructive measures to improve the company in the future. Great [看漲] [看漲] [看漲] 
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  • pipiso
    ·2021-08-02
    脫胎換骨方能重生
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  • Equanimity
    ·2021-08-02
    Will the restructuring plan provide better yield? 
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    • Back2Nature
      Hopefully [Serious]
      2021-08-02
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  • Darylzhuo
    ·2021-08-02
    Please like and comment. Thank you 
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