SMU Assistant Professor of Strategic Management Professor Geng Xuesong commented on Singpost, whose shares have dropped by 15% in value. Compared to their highest value at 52 weeks ago, they have dropped by 30%. In the recent past, its expenditure included acquiring two American electronic companies at 2.5 billion dollars. It has also invested in improving the speed on which deliveries are made. Assistant Prof Geng said that in our rapidly developing economy, expansion via acquisition is a suitable move. He also commented that Singpost's board of directors need to prove that the company will not be affected by such constant changes in leadership, and also find a replacement for their CEO as quickly as possible.
Source
Lianhe Zaobao
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