SingTel speaks out

The CFO of SingTel replies to our article on the sale of Yellow Pages.

Dear Sir,

I refer to your article on SingTel' s sale of its Yellow Pages business on 3 June.SingTel sells Yellow Pages, see related articles below

Your article mentioned that, at our bond issue in November 2001, SingTel promised its bondholders that it will do all in its power to retain its AA- rating . This is not correct. What we did was to commit to certain medium term credit targets,...

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