SingPost: Singapore Post Limited
SGX: S08
0.575
+1.77%
Share Price in SGD. As of 26 Mar 17:13:48 SGT
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Beansprout Analysis
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Analyst Ratings
CGSI Research
19 Mar 2024
Add
0.580
Lim & Tan Securities
16 Oct 2024
Buy
0.640
Maybank Research
13 Feb 2025
Buy
0.770
OCBC Investment
20 Feb 2025
Hold
0.560
(prev 0.540)
UOB Kay Hian
19 Jan 2025
Buy
0.720
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Company Description
The Group is Singapore's dominant provider of domestic and international postal
services, with a history, through its predecessors, dating back to 1819. The
Singapore Postal Services Department became fully autonomous body in January
1967. Following a merger in 1982, the Telecommunication Authority of Singapore
('TAS') took over the provision of postal services from the Postal Services
Department. In the late 1980s, the Singapore Government announced plans to
privatise the telecommunications services provided by the TAS. SingPost
Limited was incorporated on 28 March 1992.
Pursuant to a licence granted by the Info-communications Development Authority
of Singapore, SingPost is granted the exclusive provider of basic mail services
with respect to letters and postcards (excluding express letters) in Singapore
until 31 March 2007, and a non-exclusive provider of these services until 31
March 2017.
SingPost provides mail business, local and international express delivery
services, warehousing, fulfilment and distribution services and retail services
through its distribution channels.