March 27, 2019 Singapore

Acquire Newtec to Position Growth in Satcom Market

We have entered into a conditional share purchase agreement to acquire a 100% ownership in Newtec Group NV, an established Belgium-based company in the satellite communications (satcom) industry. With the acquisition, we aim to innovate and deliver more value-added, advanced satellite products and capabilities to our customers, at a more rapid pace.

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