CSE Global sells subsidiary for $15.5m

It will focus on its core business.

CSE Global has entered into a sale and purchase agreement with IMR Power Pte Ltd (IMR) to dispose off its 66% shareholdings in its subsidiary, Power Diesel (PD), for a cash consideration of $15.5m.

CSE’s rationale for the disposal is to allow it to focus on its core businesses – process controls and communication and security. CSE has also stated the proceeds will be used for general working capital purposes.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia