Tuas's M1 Acquisition Could Be Approved Before Christmas -- Market Talk

Dow Jones

2025/11/03

0344 GMT - Citi analysts reckon Tuas's proposed acquisition of M1 could be approved by Singapore regulators before Christmas. They point to comments by Keppel, the current owner of the M1 telecommunications provider, hoping to complete a sale by the end of the year. They also observe that M1 has reduced the price of some postpaid plans by up to 70%. They tell clients in a note that this shows M1 is already implementing Tuas's value-led strategy to stimulate a turnaround in customer growth. Regulatory approval could come swiftly after the Nov. 7 deadline for submissions on the deal, they say. Citi has a buy rating and A$9.95 target price on Tuas shares, which are up 3.3% at A$7.26. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

November 02, 2025 22:44 ET (03:44 GMT)

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They point to comments by Keppel, the current owner of the M1 telecommunications provider, hoping to complete a sale by the end of the year. They also observe that M1 has reduced the price of some postpaid plans by up to 70%. They tell clients in a note that this shows M1 is already implementing Tuas's value-led strategy to stimulate a turnaround in customer growth. Regulatory approval could come swiftly after the Nov. 7 deadline for submissions on the deal, they say. Citi has a buy rating and A$9.95 target price on Tuas shares, which are up 3.3% at A$7.26. 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They point to comments by Keppel, the current owner of the M1 telecommunications provider, hoping to complete a sale by the end of the year. They also observe that M1 has reduced the price of some postpaid plans by up to 70%. They tell clients in a note that this shows M1 is already implementing Tuas's value-led strategy to stimulate a turnaround in customer growth. Regulatory approval could come swiftly after the Nov. 7 deadline for submissions on the deal, they say. Citi has a buy rating and A$9.95 target price on Tuas shares, which are up 3.3% at A$7.26. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 02, 2025 22:44 ET (03:44 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7042","symbol_name":"綜合電信業務","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2580254259","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2580254259","pubTimestamp":1762141440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0344 GMT - Citi analysts reckon Tuas's proposed acquisition of M1 could be approved by Singapore regulators before Christmas. They point to comments by Keppel, the current owner of the M1 telecommunications provider, hoping to complete a sale by the end of the year. They also observe that M1 has reduced the price of some postpaid plans by up to 70%. They tell clients in a note that this shows M1 is already implementing Tuas's value-led strategy to stimulate a turnaround in customer growth. Regulatory approval could come swiftly after the Nov. 7 deadline for submissions on the deal, they say. Citi has a buy rating and A$9.95 target price on Tuas shares, which are up 3.3% at A$7.26. 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They point to comments by Keppel, the current owner of the M1 telecommunications provider, hoping to complete a sale by the end of the year. They also observe that M1 has reduced the price of some postpaid plans by up to 70%. They tell clients in a note that this shows M1 is already implementing Tuas's value-led strategy to stimulate a turnaround in customer growth. Regulatory approval could come swiftly after the Nov. 7 deadline for submissions on the deal, they say. Citi has a buy rating and A$9.95 target price on Tuas shares, which are up 3.3% at A$7.26. 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