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
頂級手套宣佈其全資子公司已與位於香港的Tronex和Polywel簽署了一項合資協議,以合作開展HDPE手套的生產和分銷項目。高密度聚乙烯手套比低密度聚乙烯手套更硬和更堅固。
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.
在合資企業下,雙方將投資於擬議中的合資公司,該公司將合作開展HDPE手套的生產和分銷項目。根據合資協議的條款,雙方將認購擬議合資公司的股份。
擬議中的合資公司參股結構概述:TQG持股60%,Tronex持股20%,Polywel持股20%,TQG的初始投資爲1,440,000.00馬來西亞林吉特;Tronex爲480,000.00馬來西亞林吉特;Polywel爲480,000.00馬來西亞林吉特。