SMRT unit in JV with 2 Getthere to market, supply and operate Automated Vehicle Systems
By PC Lee / theedgemarkets.com
20 Apr 2016, 07:49 am
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.
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