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joint venture company (JVC)
Deals, joint ventures & alliances
Chip Eng Seng to provide management services to hotels and serviced residences via JV as an IPT
Shares in Chip Eng Seng closed 0.5 cent higher or 1.18% up at 43 cents on Jan 31.
January 31, 2022
Company in the news
Olam acquires 10% stake in Saudi flour mill company for $18 mil
This acquisition is part of Olam's entry strategy into the Kingdom of Saudi Arabia.
December 01, 2021
Deals, joint ventures & alliances
ComfortDelGro enters into construction logistics business in China via JV
The JV marks the group’s first foray into construction logistics in the country.
November 29, 2021
M&A
International Cement Group sets up joint venture to construct a cement plant in Kazakhstan
The consideration of the shares acquired in the JV stood at ($831.75).
September 27, 2021
Banking & finance
Standard Chartered and Linklogis establish JV to drive sustainable trade finance
The JV is still subject to regulatory approval.
August 30, 2021
Deals, joint ventures & alliances
Acromec enters JV to launch co-working laboratory facilities
Through the JVA, Acromec Engineers will purchase 15,000 shares in the JVCo for $15,000
July 14, 2021
Deals, joint ventures & alliances
Leader Environmental Tech enters into JV with Chinese state-owned enterprise to provide environmental solutions
The JVC will be incorporated in Shandong Province with a total registered paid-up capital of RMB50 million.
June 30, 2021
Deals, joint ventures & alliances
Nutryfarm to establish JV company Kong Jun Durian
Global Agricapital Holdings will hold 51% in the JVC while Kong Jun will hold the remaining 49%.
June 11, 2021
Deals, joint ventures & alliances
Zhongmin Baihui sets up new JV company with Mingfa Group Anhui Jinzhai City Development
The new joint venture company will have a registered share capital of RMB3 million ($620,473).
June 09, 2021
Deals, joint ventures & alliances
Hutchinson Port Holdings Trust establishes JV with Shenzhen Yantian Port Group to develop Yantian East Port Phase 1
The development fee payable to HPH Trust's trustee-manager is currently estimated to be around US$15.2 million.
June 01, 2021