M1 Limited


Keppel posts 39% fall in 2Q earnings to $153 mil on absence of en bloc property sales

SINGAPORE (July 18): Keppel Corporation reported a 38.4% drop in 2Q earnings ended June to $153.4 million, or 8.4 cents per share, from $249 million a year ago due mainly to the absence of en-bloc sales of development projects.


Singapore's $1.9 bil telco takeover leaves Axiata in a bind

(Jan 30): Malaysian wireless giant Axiata Group Bhd is caught in a bind as it weighs whether to exit its decade-long investment in Singapore operator M1.


M1 posts 30.4% drop in 4Q earnings to $25.7 mil

SINGAPORE (Jan 28): M1, which is in the process of being taken private by Keppel and Singapore Press Holdings, reported 4Q18 earnings to $25.7 million, down 30.4% from a year ago.


SPH, Keppel said to mull buyout offer for M1

(Sept 26): Singapore Press Holdings (SPH) and an arm of Keppel Corp are considering making a buyout offer for M1, Singapore’s smallest wireless operator, people with knowledge of the matter said.

Broker's Calls

Keppel kept at 'hold' as analysts await clarity on transaction in M1 with SPH

SINGAPORE (Sept 24): Keppel Corporation (KEP) announced that it is considering a transaction involving its indirect interest in M1, together with Singapore Press Holdings (SPH).

Keppel T&T, SPH mulling potential transaction involving respective M1 stakes

SINGAPORE (Sept 24): Keppel Corp and Singapore Press Holdings (SPH) are considering a potential transaction involving their respective stakes in telco M1.


M1 acquires AsiaPac Distribution for up to $20 mil

SINGAPORE (June 27): M1 announced that its wholly-owned subsidiary, M1 Net, is acquiring a 100% stake in AsiaPac Distribution for a consideration of up to $20 million.

Broker's Calls

Maybank adopts wait-and-see stance over Circles.Life's free wireless plan

SINGAPORE (May 23): Maybank Kim Eng is keeping Singapore’s three telco incumbents at “hold” as it awaits how they will counteract Circles.Life newly launched free wireless plan that offers 1GB of monthly data, 30 minutes of voice and 10 SMS with no


M1 posts 4.9% decline in 3Q earnings to $32.7 mil

SINGAPORE (Oct 16): M1 reported a nearly 5% dip in 3Q17 ended Sept earnings to $32.7 million from $34.4 million in 3Q16 a year ago, mainly due to higher depreciation and interest expenses.

Broker's Calls

M1 could gain if MyRepublic telco dreams come true

SINGAPORE (June 2): Internet provider MyRepublic is reviving its telco dreams, after losing out in a race last year to become Singapore’s fourth mobile operator.