The past week has been marked by several key moves from major companies.
Singapore Technologies Engineering (SGX: S63) announced its largest-ever acquisition of TransCore, a provider of intelligent transport systems.
The US$2.7 billion acquisition promises to propel its smart city division into the big league and boost earnings for the engineering conglomerate.
Singtel (SGX: Z74), on the other hand, announced a major A$1.9 billion partial divestment of its Australian tower assets.
The asset sale is part of a larger initiative from Singapore’s largest telco.
Meanwhile, SATS Ltd (SGX: S58) CEO Alex Hungate, who has served eight years with the airline catering group, will be leaving to join ride-hailing outfit Grab as its COO.
We discuss what investors can expect after his departure.
Elsewhere, we also feature stocks that you can purchase for your child’s investment account to give him or her a head start in life.
Here is a list of our top articles for the week....