Seeing more into Seeing Machines buy

FILES) File picture taken January 14, 2014 shows General Motors headquarters in the Renaissance Center in Detroit, Michigan. General Motors on March 9, 2015 pledged to buy back $5 billion in shares in a deal with an activist investor who has agreed to drop his bid to join the automaker's board. GM said it plans to return all excess free-cash flow to shareholders while it maintains an investment-grade balance sheet supported by a target cash balance of $20 billion. The largest US automaker said that its improving business performance helped to pave the way for a new capital allocation plan as part of a deal with an investment group led by Harry Wilson, a restructuring specialist who called for $8 billion in share buybacks. AFP PHOTO/STAN HONDA / FILES

VS Industry’s purchase of Seeing Machines stake raises eyebrows

IS VS Industry Bhd buying into AIM-listed Seeing Machines Ltd to secure a project from America’s largest automotive company GM Motors?