Singapore Telecommunications (SG:Z74) has released an update.
Singapore Telecommunications Limited (Singtel) cautions shareholders and potential investors to be wary of media reports about its Optus business, emphasizing there is no confirmed deal for divestiture. Singtel stresses that Optus remains a vital part of its operations and that strategic portfolio reviews are routine to maximize asset value. The company will communicate officially if any significant developments requiring disclosure arise.
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