September was an exciting month. Keppel Corp & SPH joined forces to offer $2.06 a share to take M1 private. It’s a smart move for them to make such an offer when M1 traded near it’s 5 year low. Looking at the last closing price of $2.11, I thought it would be unlikely for the other M1 major shareholders to accept the offer price. A bidding war might just be on the card. It’s going to be interesting, though I may not be as excited as B from Forever Financial Freedom or STE from STE Stock Investing Journey, as my M1 holding is only 0.49% of my total portfolio.

Another Singapore telecommunication player, Starhub, announced that it would make a change in it’s organisation structure that could result in layoffs amongst it’s 2,500 employees in a bid to stay “agile and lean”, ahead of new challenges, …