
Daily Briefing: SilkAir to fly to Hiroshima later this year; Blackstone amongst bidders for LendLease housing stake
And here are three insights on StarHub's mobile business.
From Get.com via Yahoo!: Mention the Japanese city Hiroshima and most people would think of the atomic bombings of Hiroshima and Nagasaki that took place during World War II. Now that decades have passed, and grudges likely dissipated, travellers who are looking to visit Hiroshima can hop aboard a SilkAir plane at the end of October this year at Singapore Changi Airport. Subject to regulatory approvals, SilkAir will operate the Singapore-Hiroshima route 3 times weekly on Mondays, Thursdays and Saturdays. The flights to and from Hiroshima will be flown on SilkAir's Boeing 737-800 aircraft that offers Economy and Business Class cabins.
From Bloomberg via Yahoo!: Blackstone Group LP and China’s Cindat Capital Management Ltd. are among bidders for a 50 percent stake in LendLease Group’s Australia senior housing business, which could fetch about A$1 billion ($760 million), people with knowledge of the matter said. Singapore’s sovereign wealth fund GIC Pte also submitted a first-round offer for the stake by the Tuesday indicative-bid deadline, said the people, who asked not to be identified because the information is private. The Sydney-based company, which has a $7.3 billion market value, aims to shortlist bidders in about a month, the people said.
From The Motley Fool Singapore: StarHub Ltd released its 2016 annual report in late March this year. The company’s business is divided into five segments, namely, mobile, pay TV, broadband, enterprise fixed, and sales of equipment. It is worth digging through the report, as it contains insights on the future of the segments. With this in mind, here are three key thoughts StarHub shared on its mobile business.