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joint venture (JV)
M&A
GIC in Rockwood Capital-led JV to acquire and develop office portfolio in California
SINGAPORE (May 22): Singapore’s sovereign wealth fund GIC, together with other investors, have formed a joint venture (JV) led by Rockwood Capital to acquire a portfolio of Class A office assets in Playa Vista, Los Angeles, California.
May 22, 2018
M&A
Sole bidder UOL JV snaps up Silat Ave site for $1.04 bil in URA tender
SINGAPORE (May 17): UOL Group has submitted the only and winning bid of $1.035 billion to acquire the residential site at Silat Avenue.
May 17, 2018
ComfortDelGro said to be in talks with Indonesia's Go-Jek to explore partnership
SINGAPORE (Apr 25): ComfortDelGro is said to be in talks with Indonesia’s ride-hailing app provider Go-Jek to explore a partnership even as its tie-up with Uber comes under threat.
April 25, 2018
M&A
Oxley-SLB JV acquires Pei-Fu Industrial Building for $76.3 mil
SINGAPORE (Apr 24): Oxley announced that its associated company, Oxley Kyanite, has today exercised the option to purchase issued on Apr 3 to acquire the Pei-Fu Industrial Building for $76.25 million.
April 24, 2018
Fintech
UOB to set up $10 mil JV company with China fintech Pintec
SINGAPORE (Apr 16): United Overseas Bank (UOB) is setting up a 60:40 joint venture (JV) company with Chinese fintech firm, Pintec Technology Holdings, for a capital of $10 million.
April 16, 2018
Property
Will Tulip Garden mark the return of billion-dollar deals in the Singapore property market?
SINGAPORE (Apr 13): The collective sale for Tulip Garden received the top bid from Asia Radiant – a joint venture (JV) between Yanlord and Hongkong Land Holdings’ MCL Land – of $907 million, representing about 20% premium to the owners’ asking pri
April 13, 2018
M&A
Singapore Myanmar Investco unit in JV with Pinnacle Myanmar to run Jones the Grocer restaurant in Myanmar
SINGAPORE (Apr 4): Singapore Myanmar Investco (SMI) says wholly-owned subsidiary, SMI F&B, has partnered Pinnacle Myanmar to incorporate a Singapore joint venture company, SMI Pinnacle.
April 04, 2018
Amplefield to jointly develop horseracing facilities for upcoming HCMC 'racino' resort
SINGAPORE (Apr 3): Property developer Amplefield has signed a memorandum of agreement (MoA) with Equine Sanctuary (Malaysia), a provider of vet care and animal products for small animals and horses, to jointly work on horseracing facilities at an upcoming
April 03, 2018
Miyoshi's 15%-owned JV to jointly-develop new all-electric vehicle with Jiangxi Changhe
SINGAPORE (Apr 2): Miyoshi's foray into creating an all-electric passenger vehicle is taking a step closer to reality.
April 02, 2018