UST Global raises $250m from Temasek

The worldwide tech services firm is now valued at $1bn.

Singapore’s sovereign wealth fund has invested $250m in the tech and digital services company UST Global, taking the business’s valuation to $1bn, Techcrunch reports.

UST Global chairman said the funding would be used to make strategic acquisitions, in particular in south-east Asia.

See more from this Government Report: Singapore


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