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joint venture
Results
Lian Beng reports 5.2% lower earnings of $17.6 mil for 1H21 due to circuit breaker measures, foreign workforce disruptions
Earnings per share (EPS) for the 1HFY2021 stood at 3.52 cents on a fully diluted basis, down from the 3.72 cents in 1HFY2020.
January 14, 2021
Property
Keppel Land China subsidiary forms joint venture to acquire stake in Shanghai residential site
The joint venture is in line with Keppel Land China’s strategy to deepen its presence in Shanghai.
December 24, 2020
Broker's Calls
ComfortDelGro a 'buy' as it drives to France for new business opportunities
ComfortDelGro a ‘buy’ as it drives to France for new business opportunities
June 22, 2020
Deals, joint ventures & alliances
Wee Teng Chuen joins SLB Development and 32Holdings' joint venture; increases JVC's paid-up share capital to $3 mil
Wee Teng Chuen is the son of Wee Ee Cheong, the CEO of UOB.
June 04, 2020
Contracts
TEE International warns of 'adverse impact on profitability' even as subsidiary clinches $72 mil letter of award
The circuit breaker measures have resulted in the suspension of most of the construction works for the group’s ongoing projects, as well as the closure of its construction sites except for three essential ones.
April 20, 2020
Deals, joint ventures & alliances
Zico Holdings joins forces with Yamada Consulting Group to fund Asean SMEs
SINGAPORE (Apr 17): The Covid-19 pandemic has rattled global markets and investor sentiments worldwide in a manner similar to the Global Financial Crisis in 2008 and Dotcom bust in the 1990s. But for Chew Seng Kok, managing director of Kuala Lumpur-based
April 17, 2020
Sustainability
Keppel O&M, EMA ink $10 mil partnership, launch grant call to develop energy solutions in marine sector
“We are seeking solutions that incorporate the use of cleaner energy, optimise energy consumption and reduce carbon emissions,” says EMA’s chief executive Ngiam Shih Chun.
April 15, 2020
Covid-19
ComfortDelGro taxis double up as RedMart's grocery delivery vehicles amid virus woes
Come end-April, some of these taxis will double up as grocery delivery vehicles for RedMart, the online grocery arm of Lazada, which has seen a surge in requests for home deliveries.
April 14, 2020
Covid-19
Q&M eyes joint venture with 2 China companies to manufacture surgical masks
The Covid-19 outbreak has led to a surge in prices for surgical masks, on the back of a worldwide shortage in supply.
March 12, 2020
Disruption and Digitalisation
Grab, Singtel eye Singapore's under-banked for digital venture
SINGAPORE (Dec 31): The large number of Singaporeans still without good access to financial services will be key to creating a successful digital bank in the country, according to executives from Grab Holdings Inc. and Singapore Telecommunications Ltd.
December 31, 2019