Aurionpro Solutions’ wholly owned subsidiary — Aurionpro Solutions Pte., — has entered into an agreement for acquisition of majority stake (51%) in SC Soft Pte. (SC Soft) a Singapore headquartered Automated Fare Collection (AFC) and smart city solution provider.
The company will make investment in tranches by subscribing to the fresh equity shares to be issued by the SC Soft and will acquire majority stake by December 2019 and will have a right to acquire balance 49% stake thereafter.
Aurionpro Solutions is a publicly traded technology company providing software products and expert level consulting services to an extensive global customer base. The company provides valuable operational and technical experience in helping banks provide new and innovative products to their customers.