SINGAPORE (Oct 13): Surbana Jurong has acquired a 100% stake in AETOS Holdings from its parent company, Temasek Holdings, for an undisclosed sum.

While Surbana Jurong is a consultancy in urban and infrastructure developments, AETOS is one of three licensed auxiliary police organisations in Singapore.

In a joint release between Surbana Jurong and AETOS, the former says the acquisition will expand its overall service offerings to include safety and security capabilities including surveillance and monitoring systems (CCTV, intruder detection); access control systems (RFID, biometrics); as well as screening systems (X-Ray screening, explosives and radiation detection).  

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook