M1 acquires AsiaPac Distribution for up to S$20 mil

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SINGAPORE (June 27): M1 announced that its wholly-owned subsidiary, M1 Net, is acquiring a 100% stake in AsiaPac Distribution for a consideration of up to S$20 million.

AsiaPac is a provider of information technology (IT) devices and services to enterprise and public sector customers in Singapore, and has expertise in enterprise solutions, systems integration and cloud related services.

Upon completion of the acquisition, AsiaPac will become...(click on link for full story on theedgesingapore.com)