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In terms of the payment, the board has agreed that 25% on application and balance in two more additional calls may be decided by the board based on the company’s requirements within 36 months.
The rights entitlement ratio of one equity share for every 14 equity shares held by eligible shareholders as on the record date has also been determined.
Shares in Singtel closed 2 cents lower or 0.84% down at $2.36 on Aug 27.
