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Theme Int'l and Shandong Energy have signed a joint venture agreement to establish a joint venture.
Theme Int'l (00990) announced that on July 22, 2024, the company and Shandong Energy entered into a joint venture agreement to establish a joint venture enterprise. According to the joint venture agreement, Shandong Energy and the company will respectively own 51% and 49% of the joint venture enterprise after its establishment. The registered capital of the joint venture enterprise is expected to be HKD 0.8 billion. Shandong Energy's total investment amount will be HKD 0.408 billion, and the company's total investment amount will be HKD 0.392 billion, all of which will be in cash / money market. The joint venture entity is planned to be named Shandong Energy Group Ronghui International Trading Co., Ltd., mainly engaged in commodity trade and the development of csi commodity equity index.
Theme International Holdings to Establish, Own 49% of Joint Venture Regarding Bulk Commodities
Theme Int'l (00990.HK) plans to establish a joint venture with Shandong Energy.
On July 22, Grohuhui announced that on July 22, 2024, the company signed a joint venture agreement with Shandong Energy to establish a joint venture enterprise. According to the agreement, after the establishment of the joint venture enterprise, Shandong Energy and the company will respectively own 51% and 49%. The registered capital of the joint venture is expected to be HKD 0.8 billion. Shandong Energy's total investment will be HKD 0.408 billion, and the company's total investment will be HKD 0.392 billion. All investments will be made in cash/money market. The parties to the agreement agree to establish a joint venture primarily engaged in the trading of csi commodity equity index and related businesses. In addition,
Express News | Theme International - Co Will Contribute a Total Amount of HK$392 Mln to Jv
Express News | Theme International Holdings Ltd - Registered Capital of Joint Venture Is Expected to Be HK$800 Mln
Express News | Theme International Holdings Ltd - Entered Into a Joint Venture Agreement With Shandong Energy
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