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joint venture
Deals, joint ventures & alliances
Kingsmen and Hasbro launch world's first Nerf Action Experience arena in Singapore
SINGAPORE (Oct 4): Leading communication design and production group Kingsmen Creatives has partnered global play and entertainment company Hasbro to unveil the world’s first Nerf Action Experience (NAX) arena in Singapore.
October 04, 2019
Company in the news
Jumbo opens second Tsui Wah outlet in Singapore
SINGAPORE (Sept 17): Jumbo Group has opened its second Tsui Wah outlet in Singapore, located at The Heeren along the Orchard Road shopping belt.
September 17, 2019
M&A
Mapletree Industrial Trust and Mapletree Investments to acquire US$1.4 bil data centre portfolio in North America
Digital Realty will continue to manage the three hyper-scale data centres and 10 Powered Base Building data centres for a one-year transition period.
September 16, 2019
Property
UOL-led JV to launch Avenue South Residence at Greater Southern Waterfront
SINGAPORE (Aug 28): A consortium led by UOL Group will start the public preview of Avenue South Residence, a 56-storey condominium at Greater Southern Waterfront on Friday.
August 28, 2019
Company in the news
Keppel expands data centre footprint in Sydney
SINGAPORE (Aug 5): Keppel Corporation’s Alpha Data Centre Fund is acquiring a 3,840 sqm plot of freehold land in Gore Hill Technology Park to develop a data centre in Sydney, Australia.
August 05, 2019
Investing ideas
Can Yangzijiang diversify itself out of a doldrum?
SINGAPORE (July 18): Yangzijiang Shipbuilding is diversify its business and venturing into new areas of expertise given an upturn in the offshore & marine industry is nowhere to be seen.
July 18, 2019
Property
Aspen Group in JV with Oxley to develop integrated project in Penang
SINGAPORE (June 24): Aspen Group Holdings, the Malaysian property developer, is partnering Oxley Holdings to develop a mixed-use integrated project on Penang Island.
June 24, 2019
Company in the news
UBS forms wealth management joint venture with Sumitomo Mitsui Trust
SINGAPORE (June 7): Swiss private bank UBS has formed a joint venture with Japan’s Sumitomo Mitsui Trust Holdings, Inc (SuMi Trust Holdings) to form the first-ever wealth management partnership developed between an international financial group and a Ja
June 07, 2019
Update
Adventus cancels $1.5 mil sale of Danang project to JV partner, continues to seek buyers
SINGAPORE (June 6): Adventus Holdings says it has terminated its agreement to sell its 45% joint venture (JV) to Tran Hoang Anh Tuan, a partner in the project who originally intended to pay US$1.1 million for the group’s owned interest in the JV’s spe
June 06, 2019
Deals, joint ventures & alliances
SIA Engineering to establish line maintenance JV in Thailand with NokScoot
SINGAPORE (April 1): SIA Engineering Company (SIA EC) is establishing a $2.74 million line maintenance joint venture (JV) company in Thailand with low-cost carrier (LCC) airline, NokScoot Airlines.
April 01, 2019