Starhub Limited (SGX:CC3) is the second largest telecommunication company in Singapore. It is listed on the Singapore Stock Exchange. The company is a listed subsidiary of Singapore Technologies Telemedia. In turn, Singapore Technologies Telemedia is a portfolio company of the country’s sovereign wealth fund, Temasek Holdings. In effect, Temasek Holdings has about a 56% stake in the telco.
The company is also one of the highest-yielding stock on the Singapore Exchange and one of the constituent stock of the Straits Times Index. It offers a dividend yield of about 5.8% for investors. That might be an attractive yield for most income investors. Is this company worth a look then? Here are the opportunities and risks that lie ahead for Starhub Limited.
TICKER SYMBOL: SGX:CC3
MARKET CAP: SGD 4.8 Billion (Updated 2nd May 2017)
Starhub offers a full range of telecommunication services …