Investors quiz Singtel board on gross debt

Several shareholders asked about the massive cyber attack on Singapore's healthcare system, which came to light last week. Some wanted to know whether Singtel has cyber insurance, to which group chief executive Chua Sock Koong said it is insured for
Several shareholders asked about the massive cyber attack on Singapore's healthcare system, which came to light last week. Some wanted to know whether Singtel has cyber insurance, to which group chief executive Chua Sock Koong said it is insured for server attacks on its own networks and systems.PHOTO: REUTERS

Amount of debt 'very healthy' relative to company's size, CEO says at AGM

Singtel investors quizzed directors for three hours at the telco's annual general meeting yesterday, covering issues that ranged from its performance to cyber security to digital technology.

Several shareholders pressed the board on the state of Singtel's earnings and balance sheet, highlighting a gross debt of $10.3 billion for the year ended March 31.

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A version of this article appeared in the print edition of The Straits Times on July 25, 2018, with the headline 'Investors quiz Singtel board on gross debt'. Print Edition | Subscribe