Posts Tagged ‘joint-venture’

Goldman agrees to settlement with China watchdog

BEIJING • Goldman Sachs Group Inc agreed to pay part of US$22 million (RM90.86 million) to settle allegations by China’s securities regulator over how the ...

Barrick ends hostile bid for Newmont

Companies opting instead to forge a JV around their Nevada projects
by BLOOMBERG NEW YORK • Barrick Gold Corp is withdrawing its US$17.8 billion ...

MAHB posts record earnings of RM727.3m for FY2018

By NG MIN SHEN / Pic By TMR File
Malaysia Airports Holdings Bhd’s (MAHB) net profit for the financial year 2018 surged to RM727.3 million, fueled ...

MRCB-GK inks job deal for LRT3

By TMR / Pic By MUHD AMIN NAHARUL
Joint-venture (JV) firm MRCB George Kent Sdn Bhd (MRCB-GK) has entered into a fixed-price contract agreement with ...

Hyundai consortium plans LPG-based 3rd national car

The group has allocated funds to build a local assembly plant that will produce the LPG vehicles
by ALIFAH ZAINUDDIN / pic by MUHD AMIN NAHARUL SOUTH ...

Citigroup to weigh new China securities JV

HONG KONG • Citigroup Inc is considering ending its securities joint venture (JV) in China as it weighs trying to find a new local partner that would let ...

Pestech bags RM399m contract from Syarikat Pembenaan Yeoh Tiong Lay

by TMR
Pestech International Bhd’s wholly-owned subsidiary, Pestech Technology Sdn Bhd, has been appointed by Syarikat Pembenaan Yeoh Tiong Lay ...

Tune Group-ECM Libra JV enters home-sharing biz

SubHome is looking to expand to 3,000 properties in 2019 and is set to enter Thai market
by RAHIMI YUNUS / pic by ISMAIL CHE RUS TUNE Group Sdn ...

Alibaba inks Russian JV with Kremlin fund, Mail.ru

Asia’s most valuable firm signs an accord to establish AliExpress Russia, which the local investors will collectively control
MOSCOW • Alibaba Group ...

EcoWorld London to take on £400m project

by TMR
Eco World International Bhd’s (EWI) 70% owned UK joint-venture (JV), Eco World London Ltd, has signed heads of terms with Invesco Real ...

Icahn chalks up win as Xerox scraps Fujifilm deal

By BLOOMBERG
NEW YORK • Activist investors Carl Icahn and Darwin Deason prevailed in their bid to stymie Fujifilm Holdings Corp’s US$6.1 billion ...

Century Bond in JV with Honda Printing

by TMR
Kumpulan Perangsang Selangor Bhd’s subsidiary Century Bond Bhd (CBB) has entered into a joint venture (JV) with China-based Honda Printing ...