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Singtel shares hit record after STT GDC buyout deal with KKR

ReutersFeb 4, 2026 1:11 AM

- Shares of Singapore Telecommunications STEL.SI opened up 1.9% higher to hit a record high of S$4.95 on Wednesday after it said its consortium with KKR KKR.N will pay S$6.6 billion ($5.2 billion) to fully own ST Telemedia Global Data Centres.

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