SingPost appoints new Singapore CEO amid business restructuring
The group is attempting to transform itself into a logistics company within three years. Read more at straitstimes.com.
Source: straitstimes.com
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FMH Group enhances integrated logistics network in Australia with proposed acquisition of Border Express
Freight Management Holdings Pty Ltd ("FMH"), a subsidiary of Singapore Post Limited ("SingPost" and "Group"), has entered into a conditional sale and purchase agreement with the shareholders of Border Express, Australia's 6th largest pallet and parcel distribution operator, for a maximum purchase consideration of A$210 million (approximately S$183 million).
Source: yahoo.com
SingPost CEO: this acquisition solidifies FMH as a leading logistics provider
SingPost’s Australian business expands integrated logistics network in Australia with proposed acquisition of Border Express.
Source: postandparcel.info
SingPost appoints Merrill Lynch's BofA Securities as financial advisor for strategic review
Singapore Post (SingPost) announced last week that it has appointed Merrill Lynch (Singapore) Pte. Ltd. (BofA Securities) to act as its exclusive financial advisor in connection with a strategic review of the SingPost Group.
Source: postandparcel.info
SingPost Revenue increased 12.4% y-o-y, driven by Australia logistics business
Singapore Post Limited has announced its results for the second half and full year ended 31 March 2023
Source: postandparcel.info