joint ventures

Deals, joint ventures & alliances

Dealmakers adrift as US$1 trillion vanishes in first-half slump

The next six months of 2023 will definitely have some IPOs

Aviation & Engineering

More suitors join the fray for Malaysia Airlines

(July 8): Given the pervasive doom and gloom surrounding Malaysia Airlines Bhd, many would presume it would be difficult to find suitors or white knights for the floundering carrier. But the national airline has attracted several investor groups, even as

Deals, joint ventures & alliances

ST Engineering expands MRO presence to Vietnam with $5.3 mil JVCo

SINGAPORE (June 6): ST Engineering’s Aerospace unit and Vietnam Airlines Engineering Company (VAECO), a subsidiary of Vietnam Airlines, have formed a 49:51 joint venture (JV) entity in Vietnam following a memorandum of understanding (MoU) signed in Apri

Investing strategies

CSE Global improves earnings, maintains shale focus; no joint projects with shareholder Serba Dinamik for now

SINGAPORE (April 22): When Malaysian engineering firm Serba Dinamik Holdings became the largest shareholder in systems integrator CSE Global last year, both parties talked about how they could work on projects together. One year on, no joint venture proje
Metro bets on decentralised office market with $45.6 mil investment in Tampines property


Metro bets on decentralised office market with $45.6 mil investment in Tampines property

SINGAPORE (April 18): Metro Group has acquired 7 & 9 Tampines Grande, a premium Grade A office property in Singapore, through a 50:50 joint venture (JV) between its subsidiary Metrobilt Construction and an affiliate of SRIF GP.
Terrell Place

GIC announces joint acquisitions of $1.05 bil Washington DC office portfolio

SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.1 million sq ft of office assets in the Washington DC metro, with a total of more than $1.05 billion in aggrega

Broker's Calls

Why SIA Engineering’s 3Q profit uptick should not be mistaken for a sign of recovery

SINGAPORE (Feb 6): DBS Vickers Securities and Maybank Kim Eng are maintaining their “hold” recommendations on SIA Engineering Company (SIAEC) at the respective target price estimates of $3.58 and $3.70.

Broker's Calls

Yanlord continues to flourish in China’s tightening market

SINGAPORE (Nov 17): DBS Vickers Securities is reiterating its “buy” recommendation on China-based real-estate developer Yanlord Land Group with a price target of $1.46, in anticipation of decent 4Q earnings delivery and a higher dividend payout.