bdnews24.com, 5 Feb 2012Originally an offshoot of the Singapore police, Cisco branched out as the Commercial and Industrial Security Corporation and later became fully privatised.
But it is still owned by the government, under Singapore's investment arm Temasek Holdings, and as such Certis operate as a full-fledged private company. "Meaning that we have to make a minimum level of profit from the Temasek financing," Chow says unwilling to disclose the company's financials.
But Temasek requires a minimum of 20 percent return on investment of its subsidiaries. Full story
