U.S. Company Bound for OTC Listing to Acquire Instant Messaging Developer from SGX-Listed Singapore eDevelopment for US$700 Million; U.S. Company Will Be Part of SeD

SINGAPORE, Sept. 4, 2014 /PRNewswire/ -- A U.S. company pending quotation on an over-the-counter bulletin board ("OTCBB") intends to acquire a wholly owned instant messaging ("IM") software subsidiary ofSingapore eDevelopment Ltd. ("SeD" or the "Company") forUS$700 million in shares and bonds, Se...