SINGAPORE (Sept 27): StarHub shares have gained 17% over the past four weeks, from $1.62 to $1.90.
Following morning’s announcement that Keppel and SPH have made a buyout offer for M1, StarHub shares are up 11 cents or 6.2% to close at $1.88.
Since the start of the year, StarHub’s shares have declined 33%, reflecting an extremely competitive environment for telcos in the local market.
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