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joint venture company (JVC)
Deals, joint ventures & alliances
Leader Environmental Technologies subsidiary enters JV with Innovamem Holdings
Under the agreement, both groups are expected to establish a joint venture company, NTi Technology.
October 28, 2024
Deals, joint ventures & alliances
Catalist-listed Serial Achieva enters JV with A-Speed Infotech to establish new info-tech company
The joint venture company, called Achieva Tech Allianz, will further expand the group’s product portfolio in AI.
September 17, 2024
Oil & Gas
Rex to hold stakes in Lime Petroleum and Porto Novo Resources under new JVCo
The JVCo will become an indirect subsidiary of Rex held through Rex International Investments.
June 19, 2024
Property
Chip Eng Seng enters into agreements with its JV partners to redevelop Peace Centre and Peace Mansion
The partners, through their JVCos, have also entered into a facility agreement with several banks for a loan of $835.7 million.
February 17, 2023
Deals, joint ventures & alliances
Metech terminates JV for lab-grown diamonds citing incurable breach of JVA
Under the JVA, Metech will be entitled to acquire all of the shares in the JVCo at 80% of its NTA per share.
January 18, 2023
Deals, joint ventures & alliances
Chuan Hup Holdings enters into JV with Siera Property Group to develop residential site in Queensland
The JVCo will acquire a 1,214 sqm (13,067.39 sq ft) at 303 Golden Four Drive in Queensland for a purchase price of A$16 million.
December 23, 2022
Broker's Calls
Wing Tai 'taking flight' with FY2022 results, dividends a 'positive surprise': DBS
The DBS analysts have maintained their “buy” call and TP of $2.05.
August 30, 2022
Deals, joint ventures & alliances
Frasers Property and ThaiBev subsidiaries enter into JV to collaborate in the advancement of tech and digitalisation
The JVCo is said to explore a potential share subscription of $84.27 million for a 50% stake in BetterBe Marketplace.
August 16, 2022
M&A
IHH proposes to fully acquire Ramsay Sime Darby Health Care Sdn Bhd
Under the indicative proposal, the conditional indicative enterprise value for Ramsay Sime Darby is at 5.67 bil ringgit
March 22, 2022
Deals, joint ventures & alliances
Far East Orchard enters into JV in relation to hospitality management business in China
The board is of the view that this is a good time to enter the Chinese market and grow the group’s global presence, says the group
March 04, 2022