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Temasek fund invests in homegrown store-fixtures firm

Futuristic Store Fixtures' CEO Mr Low says the company now works with about 40 global brands that include Victoria's Secret. More than 60 per cent of its revenue is from North America and it is expanding into China and Asia.

TEMASEK Holdings' Heliconia Capital Management has taken a "substantial minority equity position" in a Singapore store-fixtures company that still sees Asia as a magnet for global lifestyle retail brands despite the bleary economic conditions.

Futuristic Store Fixtures on Monday said it...