Deals, joint ventures & alliances

Singapore eDevelopment collaborates with Todos Medical to market breast cancer screening tests

SINGAPORE (Sept 16): Singapore eDevelopment announced wholly-owned subsidiary, HWH World, has entered into a binding term sheet with Todos Medical for the exclusive marketing rights over two breast cancer screening tests – TM-B1 and TM-B2.

BreadTalk-Pindao Venture partners Song Fa for high growth in Shenzhen and Guangzhou

SINGAPORE (July 2): BreadTalk says that BTG-Pindao Venture has entered into a joint venture (JV) agreement with Song Fa to incorporate BTG-Song Fa-Pindao Venture.

Broker's Calls

ComfortDelGro stuck in a jam as competition watchdog extends Uber alliance review

SINGAPORE (Feb 20): RHB is maintaining its “neutral” call on ComfortDelGro with a target price of $1.98.


ComfortDelGro and Uber finally join forces

SINGAPORE (Dec 8): ComfortDelGro Corporation finally announced they will be entering into a joint venture (JV) with Uber Technologies.

Broker's Calls

Comfort-Uber alliance 'necessary in the long run' despite likely earnings dilution: UOB

SINGAPORE (Nov 28): UOB Kay Hian is maintaining its “buy” call on ComfortDelGro (CDG) with a target price of $2.25, which is based on a long-term average P/E of 16.6 times, pending more details on the land transport operator’s upcoming alliance with

ComfortDelGro and Uber alliance to breathe new life after losing drivers to Grab

SINGAPORE (Sept 28): CIMB is maintaining its “hold” call on ComfortDelGro with a target price of $2.15.

Hot Stock

ComfortDelgro shares soar 8.3% on news of potential alliance with Uber

SINGAPORE (Aug 23): Shares in land transport company ComfortDelgro (CDG) have leapt 8.3% to $2.36 at 3.35pm after Tuesday's night announcement of a possible strategic alliance with its competitor, Uber Technologies, on Tuesday.

Broker's Calls

Uber collaboration would be a win-win one for ComfortDelGro against Grab: RHB

SINGAPORE (Aug 23): RHB Research is maintaining its “buy” call on ComfortDelGro (CDG) with an unchanged $2.60 price target, after the land transport company yesterday announced its potential formation of a strategic alliance with Uber Technologies in