SINGAPORE (April 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.
SMI F&B will invest US$102,000 (S$133,690) for a 51% stake in SMI Pinnacle.
As part of the JV agreement, SMI Pinnacle will run the business of Jones the Grocer, a...(click on link for full story on theedgesingapore.com)