Sunday withdraws from 3G auction in Singapore

SUNDAY Communications (0866) announced to withdraw from 3G license auction in Singapore but would attend when Singapore reissues 3G licenses.Sunday said the company had no enough time to make financial arrangements for biding and would not take further action before getting approval from relevant parties.Singapore government said Sunday had been regarded to relinquish due to no banking warrants submitted before deadline. The government will decide whether to carry out auction for 3G licenses or not tomorrow.

Related stock : (NIL)