Keppel and SPH to buy all remaining shares of M1

The two firms will then proceed in delisting M1 from SGX.

Konnectivity, the joint venture company of Keppel and Singapore Press Holdings, will compulsorily acquire all the shares in M1 with $2.06 for each piece, according to a filing in SGX.

After doing so, Keppel and SPH will then proceed in delisting M1 from the stock exchange.

The announcement comes after Konnectivity has acquired 91.15% stock in M1. This has caused its free float to go under 10% of the free float requirement of SGX.

Also read: Keppel-SPH buyout could strengthen M1's MVNO position

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia