joint venture (JV)

CDL jointly acquires mixed-use development site in Shanghai for RMB8.94 bil with Chinese partner Lianfa Group - THE EDGE SINGAPORE

Property

CDL jointly acquires mixed-use development site in Shanghai for RMB8.94 bil with Chinese partner Lianfa Group

City Developments acquires choice site near Xintiandi for the equivalent of $2,027 psf ppr

Deals, joint ventures & alliances

Ascott China and Jin Jiang Hotels enter JV to grow apartment hotel brands in China

Properties under the JV will join the distribution networks and loyalty programmes of both Ascott and Jin Jiang Hotels when booking stays at Quest and TULIP LODJ in China.
Keppel’s private fund enters JV to develop 80MW data centre campus project in Taiwan - THE EDGE SINGAPORE

Data centres

Keppel’s private fund enters JV to develop 80MW data centre campus project in Taiwan

The campus is set to be developed in two phases and is expected to be ready for service in 2026.

Aviation & Engineering

SIAEC and Eaton unveil logo for JV, Eaton Aerospace Component Services

The joint venture will specialise in inspecting, testing, repairing, maintaining, modifying and overhauling Eaton-manufactured aircraft components.

Deals, joint ventures & alliances

Yangzijiang Shipbuilding enters JV to buy 34% stake in Tsuneishi Group’s shipbuilding unit for RMB833.1 mil

Tsuneishi Group Shipbuilding is a wholly owned subsidiary of Tsuneishi Holdings with paid-up capital of US$73.4 million.
Sats and Mitsui smell opportunity in Japan - THE EDGE SINGAPORE

Aviation & Engineering

Sats and Mitsui smell opportunity in Japan

Sats' partnership with Japanese conglomerate, Mitsui, is just one of the group's latest moves as part of its expansion plans.
Warburg Pincus-Lendlease JV platform acquires $1.6 bil portfolio of assets in Singapore - THE EDGE SINGAPORE

Property

Warburg Pincus-Lendlease JV platform acquires $1.6 bil portfolio of assets in Singapore

The assets were acquired from entities associated with Blackstone and Soilbuild’s executive chairman Lim Chap Huat.

Broker's Calls

ComfortDelGro launches EV charging JV in Guangzhou

ComfortDelGro and Guangzhou Public Transport Group (GZPTG) marked the launch of their new joint venture in Guangzhou.

Company in the news

Entertainment company mm2 Asia expands offerings to non-Chinese content with Malaysian JV

executive chairman Melvin Ang plans to begin with Malaysia and Indonesia before including other regional non-Chinese languages.

Aviation & Engineering

SIA Engineering Co signs JV with NYSE-listed Eaton

The initial share capital in the JV will be US$16 mil, of which SIAEC holds a 49% stake in.
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