memorandum of understanding

SINGAPORE (Dec 10): RHB Research is maintaining “neutral” on Japan Foods with a target price of 48 cents, post the announcement of the group’s 50:50 joint venture (JV) with Minor Singapore.

SINGAPORE (Nov 22): Aspen Group and its joint venture (JV) partner IKEA Southeast Asia have inked a memorandum of understanding with Marriott International, appointing Aloft Hotels as the hotel operator for Aspen Vision City.

SINGAPORE (Sept 7): United Overseas Bank and Indonesia’s Investment Coordinating Board (Badan Koordinasi Penanaman Modal, or BKPM) have reaffirmed their joint commitment to promote foreign direct investments (FDI) into Indonesia.

SINGAPORE (Sept 26): PSD Singapore, a wholly-owned subsidiary of Pacific Star Development, has signed a non-binding memorandum of understanding (MoU) with Indonesian master developer, PT Kukuh Mandiri Lestari (KML) to jointly develop a series of mixed-use

SINGAPORE (April 3): Raffles Medical Group (RMG) has acquired a 28,000 sq m plot of land in the New North District of the Liangjiang New Area in Chongqing, China, on which it intends to develop a 700-bed international tertiary general hospital.

SINGAPORE (July 29): GKE Corporation has entered into a memorandum of understanding (MoU) to acquire a 100% stake in TNS Ocean Lines from its vendors for a purchase consideration $9 million.