HNA Group has signed a memorandum of understanding with Singapore based investment company, Temasek to explore opportunities in aviation and logistics, and airport infrastructure.
Temasek president and chief executive officer, Chia Song Hwee says: “Temasek is a long term commercial investor. We are keen to explore investments which support longer term trends for a better, smarter and connected world of tomorrow.
“This Memorandum of Understanding between HNA and Temasek signals the interest of our two organisations to explore common business interests and pursue opportunities to work together.
“In particular, opportunities in aviation, international travel and related businesses reflect the growing demands of higher incomes and a more interconnected world.”
HNA Group chief executive officer, Adam Tan says: “HNA Group is a global company focused on tourism, logistics and financial services with significant operations globally.
“We greatly look forward to exploring mutually beneficial opportunities with Temasek. Our business can benefit from Temasek’s investment expertise, and equally Temasek can benefit from our experience in aviation and logistics not only in China but globally.”