ASX-listed Tuas rises on parent co securing additional 5G spectrum

Tuas

29/11/2021 24:57

** Shares of Tuas Ltd  TUA.AX  rise as much as 5.8% to
A$1.64
    ** Singapore-based telecom co says parent TPG Singapore
awarded an additional 10 MHz of 5G spectrum in the 2.1 GHz band
for a price of S$31 mln ($22.62 mln) urn:newsml:reuters.com:*:nFWN2SJ000
    ** Award granted by Singapore Infocomm Media Development
Authority
    ** Stock set for a second straight session of gains 
    ** Stock has more than doubled in value this year, as of
last close

($1 = 1.3703 Singapore dollars)

 (Reporting by Aneetta Thomas in Bengaluru)
 ((Aneetta.Thomas@thomsonreuters.com;))