
SINGAPORE (Aug 12): StarHub is taking full ownership of MyRepublic's broadband business, having first taken a 50.1% stake in a deal first announced on Sept 2021.
On Aug 12, StarHub says it is paying S$94.3 million (RM310.4 million) for the remaining 49.9% stake in MyRepublic broadband business it does not already own. In addition, StarHub is paying S$10.9 million for operating assets as well, for a total consideration of S$105.2 million.
Based on MyRepublic Broadband’s unaudited financial statements for the year ended Dec 31 2024, the aggregate net asset value... (click here for the full story on theedgesingapore.com)