SingPost shares down 6% as it reviews acquisition of US-based TradeGlobal

SingPost shares down 6% as it reviews acquisition of US-based TradeGlobal

The SingPost sign at a post office in Singapore November 2, 2015. REUTERS/Thomas White

Shares in Singapore Post fell as much as 6 per cent on Monday to their lowest in more than a year after the firm said it was conducting an in-depth review of an acquisition of a US e-commerce firm for which it took a massive impairment charge.

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