Shenzhen Investment International Capital Holdings Infrastructure, a subsidiary of Shenzhen Investment Holdings (SIHC), intends to acquire a 66.69% stake in Hopewell Highway Infrastructure (HHI) from Anber Investments.

The deal, which represents more than 2,055 million shares in HHI, involves a purchase consideration of HK$9.87bn ($1.26bn).

Zhengping Road and Bridge Construction has reached an agreement to acquire a 51% stake in project management and installation services provider Guizhou Water Industry.

The purchase consideration for the transaction is CNY123.3m ($18.75m).

East Nippon Expressway, Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), and Mitsubishi Corporation (MC) have jointly reached an agreement for the acquisition of 20% stake in Cube Highways and Infrastructure.

“Zhengping Road and Bridge Construction has reached an agreement to acquire a 51% stake in project management and installation services provider Guizhou Water Industry.”

The target company is a transportation infrastructure firm based in Singapore.

Mitsubishi intends to expand its market reach in India through the deal, whose financial terms have not been disclosed.

Kung Sing Engineering plans to dispose its Hong Kong subsidiary Merit Century Investments.

The subsidiary is engaged in transportation infrastructure projects.

US-based engineering technology and consultation services provider NV5 Global has completed the acquisition of Skyscene. The target company offers aerial mapping and unmanned aerial vehicle (UAV) flight services.

Skyscene’s UAV flight services business will be united with Light Detection and Ranging (LiDAR) mapping technology of NV5.