joint venture

Contracts

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

The circuit breaker measures have resulted in the suspension of most of the construction works for the group’s ongoing projects, as well as the closure of its construction sites except for three essential ones.

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. But for Chew Seng Kok, managing director of Kuala Lumpur-based

Sustainability

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

“We are seeking solutions that incorporate the use of cleaner energy, optimise energy consumption and reduce carbon emissions,” says EMA’s chief executive Ngiam Shih Chun.

Covid-19

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

Come end-April, some of these taxis will double up as grocery delivery vehicles for RedMart, the online grocery arm of Lazada, which has seen a surge in requests for home deliveries.

Covid-19

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

The Covid-19 outbreak has led to a surge in prices for surgical masks, on the back of a worldwide shortage in supply.

Disruption and Digitalisation

Grab, Singtel eye Singapore's under-banked for digital venture

SINGAPORE (Dec 31): The large number of Singaporeans still without good access to financial services will be key to creating a successful digital bank in the country, according to executives from Grab Holdings Inc. and Singapore Telecommunications Ltd.

Disruption and Digitalisation

Grab and Singtel to jointly apply for digital full bank licence as application deadline nears

SINGAPORE (Dec 30): Ride-hailing firm Grab Holdings and Singapore’s largest telco Singtel are forming a consortium to apply for a digital full bank licence in Singapore, reported the companies on Monday. 

Deals, joint ventures & 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 people with direct knowledge of the matter.

Deals, joint ventures & 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 the Supertea and R&B Tea brans in Indonesia.

Deals, joint ventures & 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 the Asia Pacific region. 
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