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How Will Tuas Transform Singapore’s Telecom Market with M1 Acquisition?
10:42am on Monday 11th of August, 2025 AEST
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Telecommunications
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How Will Tuas Transform Singapore’s Telecom Market with M1 Acquisition?
10:42am on Monday 11th of August, 2025 AEST
Key Points
Acquisition of M1 Limited’s core telecom assets for S$1.43 billion
Equity raising of minimum A$416 million via placement and share purchase plan
S$1.1 billion underwritten bank debt to fund the transaction
Deal expected to be EPS accretive from year one with significant synergies
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