joint venture

AirAsia sells remaining 25% stake in AAE Travel to Expedia
Stake was sold for US$60 million.
Fatfish and Swiss VC Mountain Partners in US$9.2mil tie-up
Swiss-based VC Mountain Partners is entering SEA via a US$9.2m JV with Fatfish Internet Group.
ST Telemedia and StarHub in JV to develop MediaHub
ST Telemedia and StarHub have announced a joint venture partnership to develop the latter’s MediaHub facility that is being constructed.
SGX and Clearbridge Accelerator in JV to plug funding gap
The Singapore Exchange (SGX) said it has signed an MoU with Clearbridge Accelerator to form a JV company to develop a fundraising platform which aims to address financing gaps faced by SMEs and entrepreneurs.
Celcom forms JV with SK Telecom’s e-commerce subsidiary
Celcom Axiata said it entered into an agreement with South Korean e-commerce company SK Planet on Oct 31 to form a joint venture company called Celcom Planet, which is expected to launch an optimised e-commerce platform by the second half of 2015.
Hitachi Systems and Sunway Technology establish IT services JV
Hitachi Systems Ltd and solutions provider Sunway Technology, a privately owned entity of the Sunway Group, have established an IT services joint venture.
LenovoEMC initial focus on China, then rest of Asia
The joint venture between Lenovo and EMC, first announced in August last year, is beginning to take shape this year with plans to focus on China first, with the rest of Asia to soon follow.
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