joint venture

Sector Focus

MoneyMax partners Japanese listco to develop online B2B auction site

SINGAPORE (Sept 22): MoneyMax Financial Services, the Catalist-listed pawnbroker, retailer and trader of pre-owned jewellery and watches, has signed a joint venture (JV) agreement with Japan’s Aucnet Inc. to jointly develop what will be Singapore’s fi

Loyz Energy proposes name change to CWX Global with business diversification

SINGAPORE (Sept 19): Oil and gas (O&G), exploration and production company Loyz Energy is proposing to change its name to CWX Global Limited, given the new business direction it is intending to undertake.
From Google Drive

Civmec in JV to fabricate Swan River Bridge; brings order book to $610 mil

SINGAPORE (Aug 7): A joint venture which includes Civmec has been awarded the contract to fabricate the Swan River Pedestrian Bridge that links the new Perth Stadium with East Perth.

CITIC Envirotech takes part in $12 mil joint venture investment

SINGAPORE (July 20): CITIC Envirotech says its joint venture company Baiyi Environment has acquired a 100% and 70% stake in Jiangyin Zhounan Wastewater Treatment and Jiangyin Huahong Wastewater Treatment, respectively, for a total of RMB59.5 million ($12

Broker's Calls

Why it may take longer than expected for Del Monte Pacific to bear fruit

SINGAPORE (July 4): DBS Vickers Securities is maintaining its “hold” call on Del Monte Pacific with a lower target price of 32 cents from 36 cents previously.

Unaffiliated Del Monte companies announce JVs following litigation settlement

SINGAPORE (June 28): Del Monte Pacific and the company of a similar name which it has long been in a legal tussle with, Fresh Del Monte Produce, have made peace and instead, joined forces to announce a series of new joint ventures (JVs) in retail and refr

IHH Healthcare breaks ground for Gleneagles Shanghai Hospital

SINGAPORE (June 9): IHH Healthcare, together with its strategic partner Taikang Insurance Group and joint venture (JV) partner Shanghai Hongxin Medical Investment Holding, today broke ground for Gleneagles Shanghai Hospital.

CITIC Envirotech secures $610 mil river restoration project in China

SINGAPORE (May 18): CITIC Envirotech has won a build-transfer project worth RMB3 billion ($610 million) involving the investment, design, construction, procurement and commissioning to restore the rivers and their surrounding environment in Feng Hua Distr

Aviation & Engineering

Partially 3D-printed aircrafts are the end goal of SIA Engineering’s latest strategic partnership

SINGAPORE (April 5): SIA Engineering Company (SIAEC) and Nasdaq-listed Stratasys, a 3D printing and additive manufacturing solutions company, have established “a strategic partnership specialising in additive manufacturing to accelerate the adoption of
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