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joint venture (JV)
M&A
Khazanah in talks to sell stakes in M+S, Pulau Indah Ventures to JV partner Temasek
SINGAPORE (Aug 23): Khazanah Nasional, Malaysia's sovereign wealth fund, is in talks to divest its 60% stake in M+S to its joint venture (JV) partner, Temasek Holdings, according to reports from The Malaysian Reserve.
August 23, 2018
M&A
CapitaLand-CDL JV secures prime site in Sengkang Central for $777.8 mil
SINGAPORE (Aug 16): CapitaLand and City Developments Limited (CDL) jointly announced that they, in a joint venture (JV), have secured a mixed-use residential and commercial site in Sengkang Central for $777.78 million.
August 16, 2018
Broker's Calls
MindChamps well positioned to ride growth of early childhood education industry
SINGAPORE (July 11): MindChamps PreSchool, the largest operator of premium range preschool centres in Singapore, has a market share of 38.5%, based on number of private childcare centres.
July 11, 2018
M&A
Will JV help Ezion become world's largest liftboat owner and operator?
SINGAPORE (July 5): Ezion Holdings is forming a joint venture to become the world’s largest owner and operator of liftboats.
July 05, 2018
M&A
Indofood Agri in JV to acquire sugar asset in Brazil for $26.7 mil
SINGAPORE (July 3): Indofood Agri Resources announced that its 50:50 joint venture (JV) with Apia SP Participações, Companhia Mineira de Açúcar e Álcool Participações (CMAA), is acquiring Vale do Pontal Açucar e Alcool Ltda (UVP) for a considerati
July 03, 2018
BreadTalk-Pindao Venture partners Song Fa for high growth in Shenzhen and Guangzhou
SINGAPORE (July 2): BreadTalk says that BTG-Pindao Venture has entered into a joint venture (JV) agreement with Song Fa to incorporate BTG-Song Fa-Pindao Venture.
July 02, 2018
Broker's Calls
Jumbo sees tea-riffic response with latest Tsui Wah opening
SINGAPORE (June 27): Singapore’s first Tsui Wah opened in Clarke Quay on Jun 15 by Jumbo Group and saw positive responses with many people queueing to enter to restaurant.
June 27, 2018
Broker's Calls
BreadTalk brings F&B delights from all around the world
SINGAPORE (June 25): BreadTalk Group has several business expansion plans coming up, which has caught the attention of CGS-CIMB Securities.
June 25, 2018
Broker's Calls
Analysts remain positive on Yoma Strategic's growing non-real estate business
SINGAPORE (May 31): Yoma Strategic on Wednesday announced that its 4Q18 earnings have fallen by 86% to $3.5 million from $24.1 million in 4Q17. This brings FY18 earnings to $26.6 million, 25.7% lower than the previous year.
May 31, 2018
Yoma partners Pernod Ricard to produce & distribute whisky in Myanmar
SINGAPORE (May 25): Yoma Strategic plans to form a joint venture (JV) company with French spirits giant Pernod Ricard to focus on the production and distribution of whisky in Myanmar.
May 25, 2018