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joint venture (JV) company
Aviation & Engineering
ST Engineering and Israel Aerospace Industries to market and sell advanced naval missile systems in Singapore
The JV, named Proteus Advanced Systems, will market and sell advanced naval missile systems, including a next generation anti-ship missile system.
July 15, 2020
Deals, joint ventures & alliances
SPH taps into lucrative data centre with Keppel Data Centres
Data centres are likely to become more lucrative as digitalisation accelerates.
June 29, 2020
Deals, joint ventures & alliances
LHN in joint venture with Lion City Rentals to acquire JTC industrial property for $3.2 mil, now owns 40% stake in joint venture company
LHN, the real estate management group, announced Thursday, that it has entered into a proposed joint venture with car fleet rental company Lion City Rentals (LCR), to acquire and operate a JTC industrial property (JV Property) at Toa Payoh West.
June 04, 2020
SUTL receives approval to begin sales of membership for ONE°15 Marina Puteri Harbour Malaysia
SINGAPORE (Dec 26): SUTL Enterprise announced that ONE15 Marina Development, its joint venture company with UEM Land, was granted the approval by the Companies Commission of Malaysia or Suruhanjaya Syarikat Malaysia (SSM) to begin selling memberships for
December 26, 2018
Property
Perennial-led JV puts in $68 mil winning bid for land next to Kunming South HSR station
SINGAPORE (Dec 20): Perennial Real Estate Holdings announced that its 45%-owned joint venture vehicle, Perennial HC Holdings, has won a tender to develop two plots of land in China located next the Kunming South High Speed Railway (HSR) Station.
December 20, 2018
M&A
Sembcorp divests medical waste treatment business for $20 mil
SINGAPORE (May 17): Sembcorp Industries announced that its wholly-owned subsidiary, Sembcorp Environment, has signed an agreement to divest its assets and businesses under its medical waste division in Singapore to TEE Medical Services, for $20 million.
May 17, 2018
M&A
Mattar Road site tender awarded to Keong Hong, Hock Lian Seng, TA Corp JV for $223 mil
SINGAPORE (May 17): A joint venture (JV) company consisting of Keong Hong, Hock Lian Seng Holdings and TA Corp has been awarded a land parcel at Mattar Road at a tender price of $223 million.
May 17, 2018
Aviation & Engineering
SATS partners AirAsia to grow ground handling business across Asean
SINGAPORE (Oct 30): SATS, the provider of gateway services and food solutions, and AirAsia, the low-cost carrier airline, will be entering into a ground handling partnership to tap the fast-growing Asean air travel market.
October 30, 2017
Sembcorp JV enters into JV with Nishi-Nippon Railroad for residential development in Vietnam
SINGAPORE (Oct 20): Sembcorp’s joint venture (JV) company, Vietnam Singapore Industrial Park and Township Development Joint Stock Company (VSIP JSC), has signed a conditional JV agreement with Nishi-Nippon Railroad (NNR) to develop a residential project
October 20, 2017
EnGro subsidiary subscribes for 60% stake in JV company for US$1.125 mil
SINGAPORE (Sept 25): R&P, a subsidiary of building materials provider EnGro Corporation, has subscribed for a 60% stake in its joint venture (JV) company with Omni-Plus System, R&P Technologies, for US$1.125 million ($1.52 million).
September 25, 2017