S'pore headquartered firms halt Ukraine operations as Russian army advances

Singapore-headquartered video game developer Virtuos, which recently acquired Volmi Games, has suspended all operations in Ukraine. PHOTO: VIRTUOS
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SINGAPORE - Several Singapore-headquartered firms with business in Ukraine have suspended operations in Ukraine after Russia launched a military invasion into the country last week.

Investments in Ukraine by companies headquartered in Singapore are valued at around US$280 million (S$379 million), the Ukraine embassy in Singapore told The Straits Times in January.

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