joint venture

SINGAPORE (Mar 19): SIIC Environment Holdings is establishing a RMB105 million ($21.1 million) joint venture (JV) company, Shen County SIIC Environmental Energy, to construct and operate a waste-to-energy (WTE) project with a capacity of 1,200 tons per da

SINGAPORE (Feb 18): Jumbo Group is bringing its Jumbo Seafood line of seafood restaurants to South Korea via a 50:50 joint venture (JV) between its indirect wholly-owned subsidiary, Jumbo F&B Services, with TCI Inc.

SINGAPORE (Feb 14): Ascendas-Singbridge Group and Mitsui Co have signed an agreement to jointly own and operate two office buildings in Shanghai, Ascendas Innovation Place (AIP) and Ascendas Plaza (AP), through a 55:45 partnership.

SINGAPORE (Dec 31): OUE Lippo Healthcare will manage three medical facilities in Shanghai, Chongqing and Nanjing through to a joint-venture agreement.

SINGAPORE (Dec 10): RHB Research is maintaining “neutral” on Japan Foods with a target price of 48 cents, post the announcement of the group’s 50:50 joint venture (JV) with Minor Singapore.

SINGAPORE (Oct 11): Yangzijiang Shipbuilding announced that it has entered into a joint venture (JV) agreement with MEX-SC and Mitsui to expand its customer base with diversified vessel types and new areas of shipbuilding business.

SINGAPORE (Sept 20): Keppel Land China, the wholly-owned subsidiary of Keppel group’s property arm, Keppel Land, has formed a joint venture with Gemdale Corporation to develop an 8.8 hectare prime residential site in Nanjing, China. 

SINGAPORE (Aug 23): HG Metal Manufacturing’s wholly-owned subsidiary, HG Metal Investments, has acquired a majority 51.04% stake in Myanmar-based joint venture (JV) company, First Fortune International, from Fortune Peak Investments for US$95,700 ($131,

SINGAPORE (Aug 2): DBS Vickers Securities is maintaining its “buy” call on Catalist-listed Y Ventures Group with an unchanged target price of 77 cents, which is based on 20 times FY19F EV/EBITA and at a 15% discount to larger peers’ 23 times due to

SINGAPORE (May 31): Perennial Real Estate Holdings has, through its wholly-owned subsidiary Perennial SL, acquired an effective 60% stake in a land parcel located in Sentul City, Bogor Regency, Indonesia, for a consideration of US$15.6 million ($21 millio