CSC Holdings Limited (SG:C06) has released an update.
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CSC Holdings Limited has announced a joint venture with X-Max Pte Ltd, forming a new company in Singapore focused on the trading, rental, and maintenance of construction and engineering equipment. The joint venture, THL Foundation International Pte Ltd, is backed by a S$280,000 investment, with CSC Holdings’ subsidiary THLFE holding a 55% share and X-Max holding the remaining 45%. This strategic move is anticipated to leverage the strengths of both companies in the construction equipment sector.
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