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Secura unit to buy IT wholesaler Red Sentry for S$2.7m

Published Fri, Jun 17, 2016 · 09:50 PM

Singapore

CATALIST-listed security solutions provider Secura Group has announced a proposed buyout of IT wholesaler Red Sentry Pte Ltd for S$2.7 million in cash.

Secura said on Friday that its wholly owned subsidiary Soverus Technology Pte Ltd had, on Thursday, entered into a sale and purchase agreement (SPA) to acquire Red Sentry.

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