StarHub: Terminates Assignment of Rights in Joint Venture, Receives S$115 Million Consideration

NewTimeSpace News: On April 15, 2026, StarHub announced that it has reached an agreement with Ensign Technologies to terminate the assignment of rights related to an aggregate of 77,586,667 ordinary shares (representing 16.81%) in Ensign InfoSecurity held by StarHub, with a consideration of S$115.03 million to be paid in cash. Upon completion of the transaction, StarHub will continue to hold approximately 38.92% equity interest in Ensign InfoSecurity, which will become its associated company.

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