joint venture (JV)

SINGAPORE (Sept 26): Keong Hong Holdings yesterday saw the launch of Mercure Maldives Kooddoo Hotel, the first overseas hotel development to join the group’s two hotels in Singapore along with its overseas property investments.

SINGAPORE (Aug 31): Wilmar International, the agribusiness group, announced that its wholly-owned subsidiary, KOG Investments has acquired a 50% equity interest in Aalst Chocolate, a local chocolate manufacturer.

SINGAPORE (Aug 16): Power solutions company XMH Holdings says its wholly-owned subsidiary, XMH Engineering, is establishing a 50%-owned joint venture (JV) company in Myanmar with Myanmar MarcoPolo (MMP) and Bulox Power (BP), which will each hold a 25% int

(July 7): Allianz SE, Europe’s biggest insurer, is partnering with Columbia Property Trust Inc. to create a US$1.26 billion ($1.73 billion) joint venture for US real estate.

SINGAPORE (March 27): Top Glove Corporation’s wholly-owned subsidiary, Top Glove Sdn Bhd (TGSB), last Friday entered into an agreement with Japan’s Fimatec to establish a joint venture (JV) with the purpose of engaging in the business of manufacturing

SINGAPORE (Feb 9): Jeweller Soo Kee Group has signed an MOU with Aurora Design to establish a new joint venture company in Thailand to distribute gold and jewellery products.

SINGAPORE (Nov 17): RHB is maintaining its “buy” rating on BreadTalk Group with a target price of $1.45, while expressing confidence in the group’s ability to venture into the UK market with the Din Tai Fung chain of restaurants.

SINGAPORE (Oct 28): CIMB Securities is upgrading its “hold” call to “add” on Singapore Post (Singpost) with a higher target price of $1.76 as UOB Kay Hian and Maybank Kim Eng are reiterating their “buy” calls on the stock, both with price targ

SINGAPORE (Aug 10): New Silkroutes Group (NSG) has formed a Singapore-based joint venture (JV) with the founders and owners of London-based consulting firm Rubeus, John Davidson and Jessica Lincoln.