Banking, Finance, Insurance and Securities (BFIS) Engineering

Singapore Engineering Firm Tender

πŸ“„ Tender ID: 440285131 πŸ“… Published: 07 Dec 2018

πŸ“‹ Tender Overview

ENGINEERING services provider Ellipsiz plans to trade in ready-to-eat meals in a joint venture agreement with a celebrity chef that was signed and announced on Thursday.Kalms SG an Ellipsiz associate that distributes ready-to-eat meals in vending machines will partner chef Justin Queks JQ Global restaurant consultancy in a 50-50 joint venture according to a bourse filing.The planned business will see Kalms SG and JQ Global through new joint-venture company Chef Chefs getting ready-to-eat meals and then selling them to Kalms SG its nominees or third-party buyers.In giving the rationale for the deal the board of Ellipsiz said that the joint venture would achieve operational synergies because a company that is 60 per cent-owned by Kalms SG can make the ready-to-eat meals in its kitchen facilities.

πŸ” Key Information

πŸ“„
Tender Reference No.
440285131
πŸ“…
Publication Date
07 Dec 2018
🌐
Sector
Banking, Finance, Insurance and Securities (BFIS)
πŸ“
Notice Type
News
πŸ“
Location
Singapore

πŸ“ Documents & Downloads

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🏷️ CPV

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πŸ•’ Submission deadline
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days remaining Β· 07 Dec 2018
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🧭 Quick Facts

Authority N/A
Country Singapore
State / UT N/A
Tender Type Procurement News
Currency N/A
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