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joint ventures
Deals, joint ventures & alliances
Dealmakers adrift as US$1 trillion vanishes in first-half slump
The next six months of 2023 will definitely have some IPOs
June 29, 2023
Aviation & Engineering
More suitors join the fray for Malaysia Airlines
(July 8): Given the pervasive doom and gloom surrounding Malaysia Airlines Bhd, many would presume it would be difficult to find suitors or white knights for the floundering carrier. But the national airline has attracted several investor groups, even as
July 08, 2019
Deals, joint ventures & alliances
ST Engineering expands MRO presence to Vietnam with $5.3 mil JVCo
SINGAPORE (June 6): ST Engineering’s Aerospace unit and Vietnam Airlines Engineering Company (VAECO), a subsidiary of Vietnam Airlines, have formed a 49:51 joint venture (JV) entity in Vietnam following a memorandum of understanding (MoU) signed in Apri
June 06, 2019
Investing strategies
CSE Global improves earnings, maintains shale focus; no joint projects with shareholder Serba Dinamik for now
SINGAPORE (April 22): When Malaysian engineering firm Serba Dinamik Holdings became the largest shareholder in systems integrator CSE Global last year, both parties talked about how they could work on projects together. One year on, no joint venture proje
April 22, 2019
Property
Metro bets on decentralised office market with $45.6 mil investment in Tampines property
SINGAPORE (April 18): Metro Group has acquired 7 & 9 Tampines Grande, a premium Grade A office property in Singapore, through a 50:50 joint venture (JV) between its subsidiary Metrobilt Construction and an affiliate of SRIF GP.
April 19, 2019
GIC announces joint acquisitions of $1.05 bil Washington DC office portfolio
SINGAPORE (Feb 23): Singapore’s sovereign wealth fund GIC says it has formed joint ventures (JVs) with a group of investors to acquire over 2.1 million sq ft of office assets in the Washington DC metro, with a total of more than $1.05 billion in aggrega
February 23, 2017
Broker's Calls
Why SIA Engineering’s 3Q profit uptick should not be mistaken for a sign of recovery
SINGAPORE (Feb 6): DBS Vickers Securities and Maybank Kim Eng are maintaining their “hold” recommendations on SIA Engineering Company (SIAEC) at the respective target price estimates of $3.58 and $3.70.
February 06, 2017
Broker's Calls
Yanlord continues to flourish in China’s tightening market
SINGAPORE (Nov 17): DBS Vickers Securities is reiterating its “buy” recommendation on China-based real-estate developer Yanlord Land Group with a price target of $1.46, in anticipation of decent 4Q earnings delivery and a higher dividend payout.
November 17, 2016