Singapore Post Mutually Agreed Unwinding Of Cross-Holdings With Alibaba

Reuters

2025/04/16

April 16 (Reuters) - Singapore Post Ltd ::
*MUTUALLY AGREED UNWINDING OF CROSS-HOLDINGS WITH ALIBABA GROUP HOLDING
*TRANSACTION RESULTS IN EXPECTED CASH INFLOW OF S$55.86 MILLION
*SINGPOST WILL ACQUIRE FULL OWNERSHIP OF QSI
*SINGPOST AND ALIBABA WILL MUTUALLY EXERCISE OPTIONS TO UNWIND RESPECTIVE MINORITY CROSS-SHAREHOLDINGS IN 4PX AND QSI
*CAINIAO WILL ACQUIRE QSI'S 17.61% STAKE IN 4PX FOR ABOUT S$92.75 MILLION
*SINGPOST WILL PAY ALIBABA S$36.89 MILLION FOR THEIR 34 PER CENT STAKE IN QSI
*Further company coverage: SPOS.SI
* ((Reuters.Briefs@thomsonreuters.com;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 16-APR-202510:05:01.58 GMT

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email: reutersinvestor.briefs@thomsonreuters.com))<br/>  Source Date/Time = 16-APR-202510:05:01.58 GMT</spos.si></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4538","symbol_name":"云计算","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250416:nRSD19TGRT:1","article_id":"2527293757","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527293757","pubTimestamp":1744799016,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"April 16 (Reuters) - Singapore Post Ltd ::*MUTUALLY AGREED UNWINDING OF CROSS-HOLDINGS WITH ALIBABA GROUP HOLDING*TRANSACTION RESULTS IN EXPECTED CASH INFLOW OF  S$55.86 MILLION*SINGPOST WILL ACQUIRE ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"89988":"阿里巴巴-WR","BK4538":"云计算","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0048597586.USD":"富达亚洲焦点A","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0181495838.USD":"施罗德新兴亚洲A Acc","LU0797268264.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0634319403.HKD":"ALLIANZ HONG KONG EQUITY \"AT\" (HKD) ACC","SG9999006597.SGD":"United China-India Dynamic Growth SGD","LU1548497426.USD":"安联环球人工智能AT Acc","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","S08.SI":"新邮政","LU1810669033.SGD":"FTIF - Templeton Emerging Markets Dynamic Income A (Mdis) SGD-H1","LU1044874839.SGD":"THREADNEEDLE (LUX) ASIAN CONTRARIAN EQUITY \"AGH\" (SGDHDG) ACC","09988":"阿里巴巴-W","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","BK4504":"桥水持仓","LU0605514214.HKD":"FIDELITY CHINA CONSUMER \"A\" (HKD) ACC","BABA":"阿里巴巴","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","BK4554":"元宇宙及AR概念","LU1282651048.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (USD) INC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU0315178854.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"A\" ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU0828237510.HKD":"SCHRODER ISF BIC (BRAZ IN CH)\"A\" (HKD) ACC","HBBD.SI":"Alibaba HK SDR 5to1","LU1224444064.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AM\" (USDHDG) INC","BK4526":"热门中概股","LU0608807433.USD":"TEMPLETON EMERGING MARKETS DYNAMIC INCOME \"A\" (USD) ACC","LU0048580855.USD":"富达大中华区A","LU1769817096.USD":"UBS (LUX) EQUITY SICAV - GLOBAL EMERG MARKETS OPPO \"P\" (USD) INC","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0003895053.USD":"PINEBRIDGE ASIA DYNAMIC ASSET ALLOCATION \"AD\" USD  ACC","IE00BZ08YS42.EUR":"GUINNESS BEST OF CHINA \"C\" (EUR) ACC","BK4575":"芯片概念","IE0032431581.USD":"PINEBRIDGE GREATER CHINA EQUITY \"A\" (USD) ACC","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","SG9999002406.SGD":"利安新加坡信托基金","LU0054237671.USD":"FIDELITY ASIAN SPECIAL SITUATIONS \"A\" INC","LU1366334651.USD":"ALLSPRING EMERGING MARKETS EQUITY INCOME \"I\" (USD) INC","LU0165289439.USD":"HSBC GIF ASIA EX JAPAN EQUITY \"AC\" ACC","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","LU2152927971.USD":"NORDEA 1 ASIAN STARS EQUITY \"BP\" (USD) ACC","BK1586":"云计算","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2399975544.HKD":"ALLIANZ ALL CHINA EQUITY \"AT\" (HKD) ACC"},"translate_title":"新加坡邮政双方同意解除与阿里巴巴-SW的交叉持股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"89988":0.6,"S08.SI":0.9,"09988":0.9,"BABA":0.9,"HBBD.SI":0.6},"content_text":"April 16 (Reuters) - Singapore Post Ltd ::*MUTUALLY AGREED UNWINDING OF CROSS-HOLDINGS WITH ALIBABA GROUP HOLDING*TRANSACTION RESULTS IN EXPECTED CASH INFLOW OF  S$55.86 MILLION*SINGPOST WILL ACQUIRE FULL OWNERSHIP OF QSI*SINGPOST AND ALIBABA WILL MUTUALLY EXERCISE OPTIONS TO UNWIND RESPECTIVE MINORITY CROSS-SHAREHOLDINGS IN 4PX AND QSI*CAINIAO WILL ACQUIRE QSI'S 17.61% STAKE IN 4PX FOR ABOUT S$92.75 MILLION*SINGPOST WILL PAY ALIBABA S$36.89 MILLION FOR THEIR 34 PER CENT STAKE IN QSI*Further company coverage: SPOS.SI* ((Reuters.Briefs@thomsonreuters.com;))  ((Reuters Investor Briefs; 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