Infosys’ wholly owned subsidiary -- Infosys Consulting is acquiring 100% of the share capital of Singapore Telecommunications’ (Singtel) delivery center in Malaysia - Global Enterprise International Malaysia Sdn. Bhd. to bolster Infosys’ presence in Malaysia, a strategic delivery and sales hub in South East Asia for global clients. This move also aligns with Infosys’ long-term strategy for Communications, Media, and Technology (CMT) vertical including platform led transformation of Customer and Service Experience for clients. The cost of acquisition is up to Singapore Dollar 6 million including the value of net assets, subject to customary closing adjustments.
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