joint venture

SINGAPORE (Oct 24): Figtree Holdings and Vibrant Group announced its jointly owned unit, Vibrant Properties, has formed a 60-40 joint venture company Master Development Jiangyin with Fengteng International Trading Jiangyin.

(Oct 20): Temasek Holdings is investing US$250 million ($347 million) in the China operations of Columbia Pacific Management, as Singapore’s state-owned investment firm expands its healthcare holdings.

SINGAPORE (Oct 18): SGX-listed AP Oil International and MoneyMax Financial Services have entered into a joint venture with two other companies, Zongshen and Free Trade Port Co., to undertake a financial leasing business in Chongqing, China.

SINGAPORE (Oct 18): Sitra Holdings, the manufacturer of wood-based furniture, announced that its wholly owned subsidiaries, E-Timberhub in Singapore and Abhi Manggala Sentosa in Indonesia have incorporated a joint venture (JV) company, Abhi Manggala Sento

SINGAPORE (Oct 14): ISOTeam completed its joint venture with BT Industrial Coating on Friday.

SINGAPORE (Oct 7): Shares in New Silkroutes Group rose 7.8% or 6 cents to 82.5 cents after announcing it is making a foray into the world of private equity.

SINGAPORE (Oct 4): UOB Kay Hian is upgrading its “hold” call on Singapore Post (SingPost) to “buy”, as well as raising the stock’s target price to $1.77 from $1.53 previously.

SINGAPORE (Sept 29): Xpress Holdings posted net losses for $21.8 million for FY16, compared with earnings of $314,000 in FY15.

SINGAPORE (Sept 21): SMRT Corporation’s wholly owned subsidiary SMRT Services has set up a joint venture company with Cyclect Electrical Engineering to provide electrical systems for land transportation.

SINGAPORE (Sept 20): A wholly-owned subsidiary of Japfa and a unit of Cargill Inc has created a 40-60 joint venture company to produce and supply fully cooked poultry products in Indonesia.