Brief: Keppel Announces Proposed Divestment Of M1 Limited

Keppel

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

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