joint venture (JV)

M&A

Will JV help Ezion become world's largest liftboat owner and operator?

SINGAPORE (July 5): Ezion Holdings is forming a joint venture to become the world’s largest owner and operator of liftboats.

M&A

Indofood Agri in JV to acquire sugar asset in Brazil for $26.7 mil

SINGAPORE (July 3): Indofood Agri Resources announced that its 50:50 joint venture (JV) with Apia SP Participações, Companhia Mineira de Açúcar e Álcool Participações (CMAA), is acquiring Vale do Pontal Açucar e Alcool Ltda (UVP) for a considerati

BreadTalk-Pindao Venture partners Song Fa for high growth in Shenzhen and Guangzhou

SINGAPORE (July 2): BreadTalk says that BTG-Pindao Venture has entered into a joint venture (JV) agreement with Song Fa to incorporate BTG-Song Fa-Pindao Venture.

Broker's Calls

Jumbo sees tea-riffic response with latest Tsui Wah opening

SINGAPORE (June 27): Singapore’s first Tsui Wah opened in Clarke Quay on Jun 15 by Jumbo Group and saw positive responses with many people queueing to enter to restaurant.

Broker's Calls

BreadTalk brings F&B delights from all around the world

SINGAPORE (June 25): BreadTalk Group has several business expansion plans coming up, which has caught the attention of CGS-CIMB Securities.

Broker's Calls

Analysts remain positive on Yoma Strategic's growing non-real estate business

SINGAPORE (May 31): Yoma Strategic on Wednesday announced that its 4Q18 earnings have fallen by 86% to $3.5 million from $24.1 million in 4Q17. This brings FY18 earnings to $26.6 million, 25.7% lower than the previous year.

Yoma partners Pernod Ricard to produce & distribute whisky in Myanmar

SINGAPORE (May 25): Yoma Strategic plans to form a joint venture (JV) company with French spirits giant Pernod Ricard to focus on the production and distribution of whisky in Myanmar.

Yongnam JV wins $554 mil contract for North-South Corridor project

SINGAPORE (May 23): Yongnam Holdings announced that its 30%-owned joint venture (JV) with Leighton Asia has secured a $553.8 million tunnel and infrastructure contract, as part of the North-South Corridor project.

Broker's Calls

BreadTalk's new ventures are mouth-watering, but at what cost?

SINGAPORE (May 23): RHB Research is maintaining its “neutral” call on BreadTalk with a target price of 93 cents after the group signed a joint venture (JV) agreement to bring new tea beverages as well as cafes to Singapore and Thailand.

Hatten Land partners FundPlaces to launch SEA's first proptech blockchain for hotels, retail malls

SINGAPORE (May 22): Hatten Land has entered into a strategic partnership with local proptech startup FundPlaces to launch Southeast Asia’s first hospitality blockchain platform that will potentially integrate more than 3,400 hotel rooms and 5,000 retail
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