China's public-listed E-Hualu takes a major stake in Singapore company Infologic Pte Ltd
Beijing E-Hualu Information Technology Co., Ltd became a majority shareholder in Infologic Pte Ltd when it secured 60% stake in the Singapore company in January 2015.
The public-listed Beijing E-Hualu Information Technology Co was established in April 2001 under China Hualu Group Co., Ltd, a state-owned conglomerate.
E-Hualu is widely acknowledged as a pioneer and leader of smart city technologies in China that include intelligent transportation systems, transportation planning and management, public security solutions and associated training programmes.
Commenting on the tie up with Infologic Pte Ltd, CEO of the company Mr Luo Xi said: "There's much synergy with what Beijing E-Hualu Information Technology Co does in China and Infologic's impressive track record in information display software and biometric security solutions for airports and border control. We want to bring the combined best practices, products and services of e-Hualu and Infologic to a wider market through our joint efforts."
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