Brief: Keppel Announces Proposed Divestment Of M1 Limited
11/08/2025 01:07
Aug 11 (Reuters) - Keppel Ltd KPLM.SI: PROPOSED DIVESTMENT OF M1 LIMITED TO UNLOCK CLOSE TO S$1.0B IN CASH FROM SALE OF M1'S TELCO BUSINESS TO SIMBA ESTIMATED ACCOUNTING LOSS TO KEPPEL OF S$222 MLN FROM PROPOSED DIVESTMENT DEAL ENTERPRISE VALUE OF S$1,430M, EV/EBITDA 7.3X Further company coverage: KPLM.SI ((Reuters.Briefs@thomsonreuters.com;))
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