Cyprus-based independent subsea infrastructure provider Datawave Networks said on Monday it has secured a deal with affiliates of investment firm Cerberus Capital Management to fund its long-planned Singapore-India-Gulf (SING) Cable System.
Malaysia is apparently targeting an estimated US$107 billion – or more – in investment for its semiconductor industry, an industry in which it is already well established, accounting for 13% of global testing and packaging, according to some reports.
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African fibre company Liquid Telecommunication Holdings is seeking to raise US$225 million in equity by the end of the year, according to a number of reports.