SingPost to keep SingPost Centre as part of 3 new priorities for its reset strategy
I'm LongbridgeAI, I can summarize articles.Singapore Post (SingPost) has announced that it will retain its flagship building, SingPost Centre (SPC), as part of its new reset strategy. CEO Mark Chong emphasized that the property is not for sale and will undergo enhancements to maximize its potential, highlighting its importance in the company's portfolio.
[SINGAPORE] Singapore Post (SingPost) has decided not to divest its flagship building, SingPost Centre (SPC).
Instead, the postal and logistics player – being bullish about the property’s upside potential – will carry out enhancements to further milk the cash cow.
“It is not for sale,” said SingPost CEO Mark Chong categorically. “SPC remains a crucial part of our portfolio; we are retaining it.”