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Billionaire David Teoh’s $1.1 Billion Singapore Mobile Deal Set To Lapse Amid Regulatory Breach
M1’s parent, Keppel said Monday that the proposed sale of M1, Singapore's third largest mobile carrier, to billionaire David Teoh's Simba Telecom will lapse on Thursday.
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straitstimes.com
IMDA suspends review of proposed Simba-M1 merger amid probe
Singapore's IMDA has suspended its review of the proposed Simba-M1 telco merger due to an investigation into potential regulatory breaches. Read more at straitstimes.com. Read…
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afr.com
David Teoh’s $1.5b Singapore telco expansion on ice due to regulator issues
The country’s telecommunications authority says Tuas’ mobile phone brand may have breached the law, causing its shares to plunge 63 per cent.
