joint venture (JV)

Joint ventures and alliances

SIA Engineering divests 20% stake in Jamco joint venture for $4 mil

SINGAPORE (Jan 30): SIA Engineering Company (SIA EC) has sold its entire 20% stake in Jamco Singapore, to the latter’s majority owner Jamco Corporation for $3.97 million in cash, representing a 43%

SUTL receives approval to begin sales of membership for ONE°15 Marina Puteri Harbour Malaysia

SINGAPORE (Dec 26): SUTL Enterprise announced that ONE15 Marina Development, its joint venture company with UEM Land, was granted the approval by the Companies Commission of Malaysia or Suruhanjaya

Joint ventures and alliances

Japan Foods announces regional expansion in partnership with Minor Singapore

SINGAPORE (Dec 8): Japan Foods Holding has inked a memorandum of understanding (MoU) with Minor Singapore to expand the geographical reach of their respective brands by franchising and operating th

M&A

CapitaLand's RCCIP III fund in JV with GIC to acquire Shanghai's tallest twin towers for $2.54 bil

SINGAPORE (Nov 13): CapitaLand announced that its third integrated development private investment vehicle in China, Raffles City China Investment Partners III (RCCIP III), has formed a 50:50 joint

BreadTalk partners Wu Pao Chun for expansion into Singapore and Hong Kong

SINGAPORE (Sept 10): BreadTalk Group announced that its wholly-owned subsidiary, Together Inc, has today entered into a 80:20 joint venture (JV) with Wu Pao Chun Food (WPC) to operate the Wu Pao Ch

TA Corp enters into JV with Synergy Resources to distribute Suzuki automobiles in Myanmar

SINGAPORE (Sept 8): TA Corporation announced that its wholly-owned subsidiary, Sino Holdings, has entered into a joint venture (JV) with Synergy Resources Group to distribute Suzuki automobiles and

M&A

Khazanah in talks to sell stakes in M+S, Pulau Indah Ventures to JV partner Temasek

SINGAPORE (Aug 23): Khazanah Nasional, Malaysia's sovereign wealth fund, is in talks to divest its 60% stake in M+S to its joint venture (JV) partner, Temasek Holdings, according to reports from

M&A

CapitaLand-CDL JV secures prime site in Sengkang Central for $777.8 mil

SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in a joint venture (JV), have secured a mixed-use residential and commercial site in Sengkang Central

Broker's Calls

MindChamps well positioned to ride growth of early childhood education industry

SINGAPORE (July 11): MindChamps PreSchool, the largest operator of premium range preschool centres in Singapore, has a market share of 38.5%, based on number of private childcare centres.

M&A

Will JV help Ezion become world's largest liftboat owner and operator?

SINGAPORE (July 5): Ezion Holdings is forming a joint venture to become the world’s largest owner and operator of liftboats.

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