Khazanah-Temasek in JV for Singapore posh projects
(11 Nov) - Khazanah Nasional Bhd and Singapore’s Temasek Holdings Pte Ltd are jointly developing posh residential and commercial projects in the island state with a gross development value (GDV) of RM10.2 billion. The integrated real estate venture named DUO, is undertaken by M+S Pte Ltd, a joint venture (JV) between both...
‘Running a JV airline in India a challenge’
'Running a JV airline in India will pose a challenge.' (17 Oct) - Singapore Airlines chief executive Goh Choon Phong has said running a successful joint venture airline in India will be a challenge. “By no means do we think this is going to be a walk in the park. “The venture being set up in India will have its...
Temasek buys stake in tainted milk company
Mengniu failed to acquire enough shares of its smaller rival to trigger a compulsory takeover, so it had to sell down part of its stake to maintain a required public float. (Photo: Reuters) (11 Nov) - Singapore state investor Temasek and China-focused private equity firm Hopu were among five investors buying a US$213 million...
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