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ISOTeam in JV to launch next generation bike-sharing business

Published Wed, Aug 2, 2017 · 09:50 PM
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Singapore

ISOTeam Ltd announced a joint venture to launch SG Bike Pte Ltd, a next generation bike-sharing business, on Tuesday.

The Singapore-based building maintenance and estate upgrading company embarked on the bicycle- sharing venture with partners Sean Tay and Andy Tay.

The initial issued and paid-up share capital of SG Bike is S$1 million, with ISOTeam holding a majority stake of 51 per cent, and Sean Tay and Andy Tay holding 27 per cent and…

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