Singapore Edevelopment has announced that it would not be proceeding with the non-binding MOU for Cloudtel, one of the twin engines for IT development that the company has identified, the other being the Hotapp product. According to the report that I have read, this would allow Singapore Edevelopment to focus on Hotapp. Singapore Edevelopment was formerly called CCM Holdings with business in property development in countires lie Singapore and the US. The company has since taken a new portfolio in IT development when Mr Chan Heng Fai became the CEO of Singapore Edevelopment. According to Singapore Edevelopment website, Mr Chan is determined that he will make Singapore proud of Singapore Edevelopment. For more of Singapore Edvelopment, you can refer to my previous posts under the thread of this company. We have seen in Singapore how local stocks like Yuuzoo has attracted some investors interest and I wonder whether Singapore Edevelopment ......