Singtel (SG:Z74) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Singtel has announced that its investment in STT GDC, through its subsidiary Singtel Interactive, has met all necessary conditions and will proceed as per the subscription agreement. This strategic move involves subscribing to redeemable non-voting preference shares in STT GDC, a company partly backed by KKR’s Ruby Asia Holdings II. The completion of this investment marks a significant step for Singtel in expanding its presence in the data center market.
For further insights into SG:Z74 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Netflix Wins Shareholder Lawsuit Alleging Misleading Growth Forecasts
- OpenAI’s Text-Video Generator Sora Leaked by Artists in Protest
- Palantir Gets New Street-High Price Target from Analysts on Nasdaq Shift
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
