ISDN Holdings Limited (SG:I07) has released an update.
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ISDN Holdings Limited is set to increase its shareholding in IDI Laser Services Pte Ltd from 33.33% to 70%, aiming to strengthen its system solutions offerings and capitalize on the growth of the precision laser processing market. The acquisition will enable ISDN to meet the rising demand in manufacturing industries and is in line with its goal to enhance industrial automation across Asia. This strategic move is timely as Singapore’s precision engineering industry sees significant growth, with the precision laser market expected to expand robustly in the coming years.
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