Surbana Jurong buys auxiliary police Aetos from Temasek
URBAN development group Surbana Jurong has bought Aetos Holdings, one of three licensed auxiliary police organisations in Singapore, from investment firm Temasek Holdings, Surbana Jurong said in a press release on Thursday.
It said the acquisition of 100 per cent of Aetos would expand its "service offerings to include safety and security capabilities".
Surbana Jurong group chief executive Wong Heang Fine said in a statement: "We will also be able to utilise Aetos' state-of-the-art unmanned aerial vehicles to enhance our surveillance security services as well as enhance our land survey capabilities."
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sunak says UK to raise defence spending amid global threats
China’s central bank hints it may add treasury bond trades to policy toolkit
US business activity cools in April; inflation measures mixed
India’s inflation at risk from extreme weather, geopolitical issues: central bank
Thailand to replace military-appointed Senate, reduce its powers
Bankers lose hope of London IPO revival for another year