joint venture (JV)

SINGAPORE (May 23): Yongnam Holdings announced that its 30%-owned joint venture (JV) with Leighton Asia has secured a $553.8 million tunnel and infrastructure contract, as part of the North-South Corridor project.

SINGAPORE (May 23): RHB Research is maintaining its “neutral” call on BreadTalk with a target price of 93 cents after the group signed a joint venture (JV) agreement to bring new tea beverages as well as cafes to Singapore and Thailand.

SINGAPORE (May 22): Hatten Land has entered into a strategic partnership with local proptech startup FundPlaces to launch Southeast Asia’s first hospitality blockchain platform that will potentially integrate more than 3,400 hotel rooms and 5,000 retail

SINGAPORE (May 22): Singapore’s sovereign wealth fund GIC, together with other investors, have formed a joint venture (JV) led by Rockwood Capital to acquire a portfolio of Class A office assets in Playa Vista, Los Angeles, California.

SINGAPORE (May 17): UOL Group has submitted the only and winning bid of $1.035 billion to acquire the residential site at Silat Avenue.

SINGAPORE (Apr 25): ComfortDelGro is said to be in talks with Indonesia’s ride-hailing app provider Go-Jek to explore a partnership even as its tie-up with Uber comes under threat.

SINGAPORE (Apr 24): Oxley announced that its associated company, Oxley Kyanite, has today exercised the option to purchase issued on Apr 3 to acquire the Pei-Fu Industrial Building for $76.25 million.

SINGAPORE (Apr 16): United Overseas Bank (UOB) is setting up a 60:40 joint venture (JV) company with Chinese fintech firm, Pintec Technology Holdings, for a capital of $10 million.

SINGAPORE (Apr 13): The collective sale for Tulip Garden received the top bid from Asia Radiant – a joint venture (JV) between Yanlord and Hongkong Land Holdings’ MCL Land – of $907 million, representing about 20% premium to the owners’ asking pri