StarHub’s Strateq deal offers ‘reasonable’ valuation: DBS

StarHub’s Strateq deal offers ‘reasonable’ valuation: DBS

KL Tower in Kuala Lumpur, Malaysia.

StarHub’s deal to buy 88 per cent of Malaysian IT services provider Strateq for S$82.1 million is a profitable acquisition at a “reasonable” price, DBS said in a note Thursday.