Singtel sells 2.8% stake in Gulf Development for S$1 billion
Story essentials
Singtel, Gulf Development
Singapore / Thailand
June 23, 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 16/23/2026, 6:10:30 AM
Singtel sold a 2.8% stake in Thailand's Gulf Development for approximately S$1 billion. The sale is part of Singtel's capital recycling program, Singtel28. Singtel retains a 4.95% stake in the company.
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