joint venture

Disruption and Digitalisation

Grab and Singtel to jointly apply for digital full bank licence as application deadline nears

SINGAPORE (Dec 30): Ride-hailing firm Grab Holdings and Singapore’s largest telco Singtel are forming a consortium to apply for a digital full bank licence in Singapore, reported the companies on Monday. 

Deals, joint ventures & alliances

BlackRock, Temasek to take majority stake in wealth management JV with China Construction Bank

(Dec 23): US asset manager BlackRock Inc, Singapore state investor Temasek Holdings and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter.

Deals, joint ventures & alliances

Koufu enters into another JV for Indonesian expansion after first JV failed to take off

SINGAPORE (Dec 18): Koufu Group announced that its subsidiary, Super Tea, has entered into a joint venture with PT Berkah Cipta Adirasa to develop, establish, manage and operate the Supertea and R&B Tea brans in Indonesia.

Deals, joint ventures & alliances

ARA and Logos form strategic partnership to establish logistics real estate development

SINGAPORE (Dec 12): ARA Asset Management will partner integrated logistics property specialist Logos Group to establish a logistics real estate development and investment management partnership in the Asia Pacific region. 

Deals, joint ventures & alliances

Kingsmen and Hasbro launch world's first Nerf Action Experience arena in Singapore

SINGAPORE (Oct 4): Leading communication design and production group Kingsmen Creatives has partnered global play and entertainment company Hasbro to unveil the world’s first Nerf Action Experience (NAX) arena in Singapore.

Company in the news

Jumbo opens second Tsui Wah outlet in Singapore

SINGAPORE (Sept 17): Jumbo Group has opened its second Tsui Wah outlet in Singapore, located at The Heeren along the Orchard Road shopping belt.

M&A

Mapletree Industrial Trust and Mapletree Investments to acquire US$1.4 bil data centre portfolio in North America

Digital Realty will continue to manage the three hyper-scale data centres and 10 Powered Base Building data centres for a one-year transition period.
UOL-led JV to launch Avenue South Residence at Greater Southern Waterfront

Property

UOL-led JV to launch Avenue South Residence at Greater Southern Waterfront

SINGAPORE (Aug 28): A consortium led by UOL Group will start the public preview of Avenue South Residence, a 56-storey condominium at Greater Southern Waterfront on Friday.

Company in the news

Keppel expands data centre footprint in Sydney

SINGAPORE (Aug 5): Keppel Corporation’s Alpha Data Centre Fund is acquiring a 3,840 sqm plot of freehold land in Gore Hill Technology Park to develop a data centre in Sydney, Australia.

Investing ideas

Can Yangzijiang diversify itself out of a doldrum?

SINGAPORE (July 18): Yangzijiang Shipbuilding is diversify its business and venturing into new areas of expertise given an upturn in the offshore & marine industry is nowhere to be seen.
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