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StarHub CEO buys company shares for first time; Q&M CEO tops up more shares

The Edge Singapore
The Edge Singapore12/2/2021 3:43 PM GMT+08  • 4 min read
StarHub CEO buys company shares for first time; Q&M CEO tops up more shares
StarHub recently announced that it has made more cost savings than targeted as part of its wider restructuring and transformation
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Nikhil Eapen, StarHub’s CEO, on Nov 25 acquired 730,000 shares for over $1 million or $1.377904 each on the open market. Before this transaction, Eapen, who began this role in January, did not own any StarHub shares.

He was previously deputy CEO of ST Telemedia and prior to that, a long-time investment banker with Citigroup where he helped advise deals in the region’s telco, media and technology sectors.

StarHub recently announced that it has made more cost savings than targeted as part of its wider restructuring and transformation plan to reverse itself out of an earnings decline.

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