SINGAPORE--Local carrier Singapore Telecommunications (SingTel) has unveiled plans to set up a new corporate venture company, Innov8, in efforts to create "future growth engines" for the company, according to its CEO Chua Sock Koong.The wholly-owned subsidiary will have an initial fund size of S$200 million (US$149.8 million) which will be invested in innovative technologies and will collaborate with developers, government agencies and research and development bodies around the region,... Full story
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