Security start-up backed by Thaksin seeks $1bn valuation

British internet security start-up backed by ex-Manchester City owner Thaksin seeks $1bn valuation – Telegraph, June 11, 2016
[Includes an intriguing mention about the involvement of Temasak, the Singaporean fund that acquired Thaksin’s Shin Corp in 2006. Thaksin has always had an admiration for, and a cozy business relationship with, Singapore (as does the junta).
Temasak’s purchase of Shin Corp finally sparked mass protest against Thaksin’s government after the sale dodged capital gains tax and benefited from laws quickly passed just prior to the sale.]
…It is understood that the company has signed its first commercial deal with a major operator in Singapore, as part of a government digital strategy dubbed Smart Nation. The massive Singaporean sovereign wealth fund Temasak is also lining up an investment in Scentrics, according to City sources…

From 2014: British firm scores with cybersecurity breakthrough

The company: Scentrics

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