Common Contracts
1 similar Term Sheet Agreement contracts
IEV HOLDINGS LIMITEDTerm Sheet Agreement • August 14th, 2012
Singapore, 14 August 2012 – Catalist-listed, IEV Holdings Limited (the “Company”, and together with its subsidiaries, “IEV” or the “Group”) has entered into a term sheet agreement (the “Agreement”) with a potential investor (the “Investor”) for the funding of the Kerjasama Operasi (“KSO”) also known as the “Operation Cooperation” program (the “Award”) of the Pabuaran Block (the “Block”) on 14 August 2012. Due diligence of the Block will now commence and it is expected to be completed within September 2012. The final decision on the investment and its details will be announced with the signing of the Sales and Purchase Agreement (the “SPA”) by both parties, subject to successful due diligence by the Investor.
