Keppel Extends Long-Stop Date for Planned M1 Divestment
SGX Filings03-26 20:10
Keppel Ltd announced on Mar, 26 2026 that the parties to the sale and purchase agreement for its proposed divestment of M1 Limited have mutually agreed to extend the deal’s long-stop date to May, 21 2026.
The extension allows additional time for Singapore’s Infocomm Media Development Authority to complete its review of the consolidation application submitted by M1, prospective buyer Simba Telecom Pte. Ltd. and other parties on Sep, 26 2025.
Keppel said M1 and Simba Telecom are continuing to make further submissions to the regulator and will update shareholders when there are material developments.
The company advised investors to exercise caution when dealing in its securities.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
