I have not heard of an existing agent in a country in the Asia/Pac Rim region being bought by UPS (our normal approach) or UPS starting up Brown operations (not normal) in order to change status of a country to Joint Venture.
It would have to be a good deal and, of course, in a country where government regulations would allow either approach.
If you are in the Asia Pac, you probably know of anything happening better and sooner than anyone on here.