SINGAPORE (April 20): SMRT Corporation’s wholly-owned subsidiary SMRT Services has agreed with 2 Getthere Holding B.V. (2GT) the terms of a joint venture to market, supply and operate Automated Vehicle Systems in Asia-Pacific.

Under the agreement, a joint venture company, 2getthere Asia (2GT Asia) has been incorporated on Tuesday.

2GT Asia is a private company limited of which 51% and 49% are held by SMRT Services and 2GT respectively.

SMRT closed 1.32% lower at $1.50.