joint venture (JV)

SINGAPORE (Jan 19): Roxy-Pacific Holdings announced that its wholly-owned subsidiary, RP Ventures, along with joint venture (JV) partner, TE2 Development, is acquiring Kismis View for $102.8 million.

SINGAPORE (Jan 3): Midas Holdings has announced that three metro train supply contracts totalling to RMB2.68 billion ($547.7 million) were awarded to its joint venture (JV) unit, CRRC Nanjing Puzhen Rail Transport (NPRT), in which the group has a 32.5% eq

SINGAPORE (Dec 8): ComfortDelGro Corporation finally announced they will be entering into a joint venture (JV) with Uber Technologies.

SINGAPORE (Nov 21): Sembcorp Industries through its wholly-owned subsidiary, Sembcorp Development, is increasing its interest in Vietnam Singapore Industrial Park (VSIP) to 96.6% from 92.9% previously.

SINGAPORE (Nov 20): Roxy Pacific is proposing to acquire a freehold property based in Melbourne, Australia, for A$74.14 million ($76.1 million) via its new joint venture (JV) company, TE2 Roxy Australia.

SINGAPORE (Nov 13): Maybank Kim Eng is upgrading its recommendation on SATS to “buy” from “hold” previously with a target price of $5.70, following the group’s developments over the past month that may contribute to its medium-term growth.

SINGAPORE (Oct 20): Premier Mirach, a subsidiary of Mirach Energy, has won a RM20.5 million ($6.6 million) contract for a construction and development project in West Malaysia.

SINGAPORE (Oct 12): TEE International, the engineering and property group, has formed a JV company with Malaysian Solar Resources (MSR).

SINGAPORE (Oct 11): Midas Holdings' 32.5%-owned JV company in China, CRRC Nanjing Puzhen Rail Transport (NPRT), has won three metro train car supply contracts amounting to RMB2.37 billion ($490 million) in total. 

SINGAPORE (Oct 9): OCBC Investment Research is maintaining its “buy” call on City Developments Limited (CDL) while raising its fair value estimate to $12.90 from $12.39 previously after factoring in its recent site acquisition as well as firmer reside