Top Glove Inks JV Deal With HK Parties For HDPE Glove Production
Top Glove Inks JV Deal With HK Parties For HDPE Glove Production
Top Glove announced that its wholly-owned subsidiary had entered into a Joint Venture Agreement with Tronex and Polywel both being established in Hong Kong, to collaborate on a project for the production and distribution of HDPE Gloves. High Density Polyethylene gloves are stiffer and harder than low density Polyethylene
Top Glove宣布,其全资子公司已与Tronex和Polywel签订了合资协议,两者都在香港成立,合作开展一个生产和分销高密度聚乙烯手套的项目。高密度聚乙烯手套比低密度聚乙烯更坚硬
Under the JV, the parties will look to invest in the proposed JV company which will collaborate on a project for the production and distribution of HDPE Gloves. As part of the terms of the JV Agreement, the parties will subscribe to the shares of the
proposed JV company outtlined in the shareholding structure : 60% by TQG, 20% by Tronex and 20% by Polywel with an initial investment of RM1,440,000.00 by TQG;RM480,000.00 by Tronex; and RM480,000.00 by Polywel.
在合资企业下,双方将寻求投资拟议的合资公司,该公司将合作开展一个生产和分销高密度聚乙烯手套的项目。作为合资协议条款的一部分,双方将认购合资协议的股份
股权结构中概述了拟议的合资公司:TQG占60%,Tronex占20%,保利威尔占20%,TQG的初始投资为1,440,000.00令吉;Tronex的480,000.00令吉;保利威尔的480,000.00令吉。