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Lygend Resources & Technology Unit to Form JV Firm With Indonesian Partner
Li Qin Resources (02245.HK): Hong Kong Blue Whale and Indonesian partner TBP signed a shareholder agreement to establish a joint venture company.
On June 17th, Gleamay Resources (02245.HK) announced that on June 17th, 2024, Hong Kong Blue Whale and the company's Indian partner TBP signed a shareholder agreement for the establishment of a joint venture company (including). According to the shareholder agreement, the total investment amount of the joint venture company is US$60 million (equivalent to RMB 427 million), and the registered capital is US$2.5667 million (equivalent to RMB 18.2624 million). The relevant subscriptions will be made by the contracting parties according to their respective shareholding in the joint venture company (i.e., 60% will be held by Hong Kong Blue Whale, and 40% will be held by TBP).
Express News | Lygend Resources & Technology - Jv Co Established for Operating Lime Production Business
Express News | Lygend Resources & Technology - Hong Kong Blue Whale International Entered Shareholders Agreement With PT. Trimegah Bangun Persada
Express News | Lygend Resources & Technology - Total Investment Amount of Jv Co Is USD60 Mln
Express News | Lygend Resources & Technology Co Ltd - Establishment of Jv Company
Could The Market Be Wrong About Lygend Resources & Technology Co., Ltd. (HKG:2245) Given Its Attractive Financial Prospects?No Data
