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Daikin Singapore buys building management systems firm for S$12.9m

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Daikin Singapore managing director Liu Shaw Jiun (second from left) and BMS Engineering and Trading managing director Choo Har Thong (third from left) at the official announcement on Tuesday.

DAIKIN Singapore has bought over local building management systems firm BMS Engineering and Trading for S$12.9 million, and does not rule out more acquisitions, as it anticipates growing demand from building owners to optimise energy use.

The deal, paid for in cash, was completed on Nov 7...

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