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
As postal rates rise tomorrow, SingPost eyes a future beyond post
The firm's core business incurred an operating loss of $16 million in the 2022/2023 financial year. Read more at straitstimes.com.
Source: straitstimes.com
SingPost shares jump 6.6% after Government says may allow it to raise postage rates
SingPost has seen a sharp decline in domestic letter volumes. Read more at straitstimes.com.
Source: straitstimes.com