Joint ventures and alliances

Joint ventures and alliances

StarHub partners U Mobile for world's first 5G standalone roaming trials

SINGAPORE (Dec 30): StarHub will be partnering Malaysian telco U Mobile to conduct one of the world’s first 5G standalone (5G SA) roaming trials.

Joint ventures and alliances

BlackRock, Temasek to take majority stake in wealth management JV with China Construction Bank

(Dec 23): US asset manager BlackRock Inc, Singapore state investor Temasek Holdings and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said peo

Joint ventures and alliances

UOB to buy $360 mil of shares in Shandong's troubled Hengfeng Bank

SINGAPORE (Dec 18): United Overseas Bank has agreed to subscribe to RMB1.86 billion ($360 million) worth of shares in troubled Hengfeng Bank Co in China.

Joint ventures and alliances

Koufu enters into another JV for Indonesian expansion after first JV failed to take off

SINGAPORE (Dec 18): Koufu Group announced that its subsidiary, Super Tea, has entered into a joint venture with PT Berkah Cipta Adirasa to develop, establish, manage and operate Super Tea's food an

Joint ventures and alliances

Keppel Land to acquire 49% stake in JV for $78 mil to co-develop integrated township in Mumbai

SINGAPORE (Dec 16): Keppel Land will be acquiring a 49% stake in joint venture company Kapstone Constructions for INR 4.09 billion ($78.2 million) to jointly develop the 51.4-hectare Urbania integr

Joint ventures and alliances

SIA Engineering signs 10-year deal with France's Safran Aircraft Engines

SINGAPORE (Dec 13): SIA Engineering has inked a 10-year agreement with French aircraft engine manufacturer Safran Aircraft Engines (SAE).

Joint ventures and alliances

Metro disposes 50% stake in PT Metropolitan Retailmart for $25 mil

SINGAPORE (Dec 13): Metro Holdings is selling its entire 50% stake in PT Metropolitan Retailmart (PT MRM) to its JV partner PT Trans Corpora for $25 million.

Joint ventures and alliances

Great Eastern and Axiata team up to offer insurtech solutions in Malaysia, Indonesia

SINGAPORE (Dec 12): Insurance group Great Eastern has signed a regional strategic partnership with Axiata Digital Capital to provide insurance and takaful (Islamic insurance) products in Malaysia a

Joint ventures and alliances

ARA and Logos form strategic partnership to establish logistics real estate development

SINGAPORE (Dec 12): ARA Asset Management will partner integrated logistics property specialist Logos Group to establish a logistics real estate development and investment management partnership in

Joint ventures and alliances

GIC in JV with NYSE-listed RPT Realty REIT

(Dec 11): GIC, the sovereign wealth fund of Singapore, has formed a joint venture partnership with RPT Realty (RPT).

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