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SingTel subsidiary reduces stake in Globe Telecom.

Publication: Telecomworldwire
Publication Date: 16-MAR-05
Format: Online - approximately 124 words
Delivery: Immediate Online Access
Full Article Title: SingTel subsidiary reduces stake in Globe Telecom.(Singapore Telecom International Private Ltd., Globe Telecom GMCR Inc.)(Brief Article)

Article Excerpt
TELECOMWORLDWIRE-16 March 2005-SingTel subsidiary reduces stake in Globe Telecom(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com

Telecomms group Singapore Telecommunications (SingTel) has said that its subsidiary Singapore Telecom International (STI) has sold 4,202,401 common shares in telecomms company Globe Telecom.

The sale is in conjunction with Globe's share buyback exercise, in which...

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