Singapore Telecommunications's corporate venturing unit invests $150,000 for shares in the in-house consultancy which advises it.

The corporate venturing unit of Asian telecoms company Singapore Telecommunications has invested $150,00 in its in-house consulting unit. 

SingTel Innov8 subscribed for 150,000 shares in SingTel Innov8 Investment Consulting at $1 each. The principal activity of SingTel Innov8 Investment Consulting is the provision of consultancy to SingTel Innov8, Singapore Telecommunications said.