Keppel is selling M1's telco business to unlock close to S$1.0 billion in cash proceeds. What happened? There has been a hive of activity amongst Singapore blue chip stocks recently. Recently, we saw DBS' share price reached a record high of above S$50 after it reported a strong set of 1H 2025 results.  REITs have also been purchasing assets, with CapitaLand Integrated Commercial Trust (CICT) buying the remaining 55% stake in CapitaSpring for S$1.05 billion. It is no wonder that there has been renewed interest in Singapore's stock market in the past few months. Today, we saw Keppel announcing that it will sell M1’s telco business to Simba for S$1.43 billion. This led to some discussion in the Beansprout community about what the transaction would mean for Keppel, especially since the share price of Keppel has reached 52-week highs in recent weeks. Let us dive deeper to find out....