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BABA-W Offloads Stake in Singapore Post for SGD65M Cash: Report
BABA-W (09988.HK) has sold its Singapore Post shares at SGD0.428 each (a discount of around 6.96% to yesterday's (4th) closing price) for SGD65 million in cash, according to IF...
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BABA-W Offloads Stake in Singapore Post for SGD65M Cash: Report
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BABA-W (09988.HK)  +2.800 (+1.973%)    Short selling $3.21B; Ratio 18.135%   has sold its Singapore Post shares at SGD0.428 each (a discount of around 6.96% to yesterday's (4th) closing price) for SGD65 million in cash, according to IFR.

In April, Singapore Post and BABA-W agreed to terminate their cross-shareholding relationship in Shenzhen 4PX Information and Technology and Quantium Solutions. Singapore Post paid BABA-W SGD36.89 million to acquire 34% of Quantium Solutions' shares, while BABA-W's Cainiao will acquire 17.61% of Shenzhen 4PX held by Quantium Solutions for around SGD92.75 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-10 12:25.)

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