SINGAPORE (Jan 11): UOB Kay Hian has cut its target price for Singapore Telecommunications to $4.42 from $4.56 previously but is maintaining its “buy” rating after the conclusion of a mobile spectrum auction in Thailand in which a company it partially owns participated.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe