joint venture

CDL and Sincere: the blame game begins as Sincere defaults on bond  - THE EDGE SINGAPORE

Property

CDL and Sincere: the blame game begins as Sincere defaults on bond

On March 10, Bloomberg carried a news item which said no payment had been made towards a bond from Chongqing Sincere Yuanchuang Industrial, a unit of Sincere Property Group, with RMB444.5 million (

Lian Beng reports 5.2% lower earnings of $17.6 mil for 1H21 due to circuit breaker measures, foreign workforce disruptions - THE EDGE SINGAPORE

Results

Lian Beng reports 5.2% lower earnings of $17.6 mil for 1H21 due to circuit breaker measures, foreign workforce disruptions

Homegrown building construction and property development company Lian Beng Group has registered earnings of $17.6 million for the 1HFY2021 ended November, 5.2% lower than earnings of $18.6 million

Keppel Land China subsidiary forms joint venture to acquire stake in Shanghai residential site - THE EDGE SINGAPORE

Property

Keppel Land China subsidiary forms joint venture to acquire stake in Shanghai residential site

Keppel Land China’s wholly-owned subsidiary, Shanghai Fengwo Apartment Management, has formed a joint venture with Gemdale and Shenzhen Shengjun Investment Management to own and develop an 8.4-hect

Broker's Calls

ComfortDelGro a 'buy' as it drives to France for new business opportunities

SINGAPORE (June 22): RHB Group Research is keeping its “buy” call on taxi and public transport operator ComfortDelGro with a target price of $1.65.

Deals, joint ventures & alliances

Wee Teng Chuen joins SLB Development and 32Holdings' joint venture; increases JVC's paid-up share capital to $3 mil

SINGAPORE (June 4): SLB Development, the property development subsidiary of construction firm Lian Beng Group, along with 32 Holdings (32HPL), and its wholly-owned subsidiary 32 Real Esta

Contracts

TEE International warns of 'adverse impact on profitability' even as subsidiary clinches $72 mil letter of award

SINGAPORE (Apr 20): Mainboard-listed TEE International’s wholly-owned subsidiary Trans Equatorial Engineering has bagged a letter of award (LOA) worth $72 million for mechanical and engineering wor

Deals, joint ventures & alliances

Zico Holdings joins forces with Yamada Consulting Group to fund Asean SMEs

SINGAPORE (Apr 17): The Covid-19 pandemic has rattled global markets and investor sentiments worldwide in a manner similar to the Global Financial Crisis in 2008 and Dotcom bust in the 1990s.

Sustainability

Keppel O&M, EMA ink $10 mil partnership, launch grant call to develop energy solutions in marine sector

SINGAPORE (Apr 15): Keppel Offshore & Marine (Keppel O&M) and the Energy Market Authority (EMA) are playing their part in the adoption of cleaner energy and greater environmental sustainabi

Covid-19

ComfortDelGro taxis double up as RedMart's grocery delivery vehicles amid virus woes

SINGAPORE (Apr 14): ComfortDelGro’s 10,000-strong fleet of iconic blue and yellow taxis have been given a new lease of life following a plunge in ridership amid the Covid-19 outbreak. 

Covid-19

Q&M eyes joint venture with 2 China companies to manufacture surgical masks

SINGAPORE (Mar 12): Q&M Dental Group is in talks with two China-based companies over a joint venture to manufacture surgical masks.

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