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Singapore - OpenNet consortium incorporates company.
Singapore Telecommunications (SingTel) and its partners in the OpenNet consortium have incorporated a company called OpenNet. The company has an initial issued and paid-up capital of SGD 1,000 comprising 1,000 ordinary shares of SGD 1 each. SingTel Interactive, a wholly-owned subsidiary of SingTel, holds about 30 percent of the issued share capital and Axia NetMedia, Singapore Press Holdings and SP …
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