Key Developments: Starhub Ltd (STAR.SI)
3.27SGD
17 May 2012
$0.09 (+2.83%)
$3.18
$3.20
$3.27
$3.20
2,437,000
2,182,600
$3.30
$2.62
Latest Key Developments
StarHub Ltd Reaffirms FY 2012 Revenue Outlook-Conference Call
StarHub Ltd announced that for fiscal 2012, it is keeping its revenue outlook prediction to low single-digit. The Company reported revenue of SGD2.312 billion in fiscal 2011. Full Article
StarHub Ltd Declares Interim Dividend
StarHub Ltd announced that it has declared an interim tax exempt cash dividend of SGD0.05 per ordinary share. The interim dividend will be paid on May 24, 2012. Full Article
StarHub Ltd. Issues FY 2012 Revenue Guidance-Conference Call
StarHub Ltd. announced that it expect the revenue growth to be in low single digits for fiscal 2012, which is similar to the guidance the Company been giving for fiscal 2011. The Company reported revenue of $2.312 billion in fiscal 2011. Full Article
StarHub Ltd. Proposes Final Dividend
StarHub Ltd. announced that it has proposed a final cash dividend of SGD0.05 per ordinary share (previous year: SGD0.05). Details on payment of dividend will be announced in due course. Full Article
Qatar Telecom (QTel) Q.S.C. Subsidiary Acquires Additional 7.45% Stake in StarHub Ltd
Qatar Telecom (QTel) Q.S.C. announced that Asia Mobile Holdings ("AMH"), an investment company jointly owned with Singapore Technologies Telemedia ("ST Telemedia"), has executed a Share Purchase Agreement ("SPA") with Aranda Investments, and has acquired a further 7.45% of StarHub Ltd (“StarHub”). This increases its total stake to 56.55% and Qtel's effective stake to 14.14%. StarHub Ltd is a fully integrated communication company based in Singapore, offering a full range of information, communications and entertainment services for both consumer and corporate markets. Full Article
StarHub Ltd. Reaffirms FY 2011 Revenue Guidance-Conference Call
StarHub Ltd. announced that for fiscal 2011, it expects revenue growth in low single digit. The Company reported revenue of SGD2.23 billion in fiscal 2010. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of SGD2.30 billion for fiscal 2011. Full Article
StarHub Ltd. Declares Interim Cash Dividend
StarHub Ltd. announced that it has declared an interim cash dividend of SGD0.05 per ordinary share (previous year: SGD0.05). The interim dividend will be paid on September 2, 2011. Full Article
StarHub Ltd. Lowers FY 2011 Revenue Guidance-Conference Call
StarHub Ltd. announced that it is revising its guidance for fiscal 2011 and expects revenue growth in low single digit. The Company reported revenue of SGD2.23 billion in fiscal 2010. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of SGD2.30 billion for fiscal 2011. Full Article
StarHub Ltd. Announces Incorporation Of New Wholly Owned Subsidiary
StarHub Ltd. announced that a new wholly owned subsidiary, known as SHINE Systems Assets Pte. Ltd., has been duly incorporated in Singapore. The principal activities of SHINE Systems Assets Pte. Ltd. are to invest in, own, lease and/or operate infrastructure assets in Singapore primarily for use by the StarHub Group. Full Article
StarHub Ltd. Reaffirms FY 2011 Revenue Guidance-Conference Call
StarHub Ltd. announced that it continues to maintain fiscal 2011 guidance and revenue growth in single digit. The Company reported revenue of SGD2.23 billion in fiscal 2010. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of SGD2.30 billion for fiscal 2011. Full Article
Blackstone buys StarHub business park in first Singapore deal
May 7 - Private equity group Blackstone Group has made its first acquisition in Singapore, buying the StarHub Green project from Germany's SEB Asset Management for S$215 million ($173 million).

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