D’Crypt

StarHub acquisitions not enough to offset declining service revenue: CIMB
SINGAPORE (Jan 17): CIMB is maintaining its “hold” call on StarHub with a higher target price of $2.80 compared to $2.30 previously, while continuing to expect EBITDA and core earnings per share (EPS) to fall 12% and 36%, respectively, over FY16-20. This comes despite a positive outlook on the growth of StarHub’s fixed network services (FNS) businesses, which the research house expects ...
StarHub acquires cryptographic and digital security firm D’Crypt for $122 mil
SINGAPORE (Dec 15): StarHub has entered into an agreement to acquire D’Crypt for up to $122 million. Led by Dr Antony Ng, D’Crypt provides leading-edge cryptographic technology for high security applications, systems and products. StarHub says the proposed acquisition will enhance its solutions in areas such as cryptographic and digital security, secure info-communications technologies ...