JOINT VENTURE AGREEMENT IN RESPECT OF OXLEY YCK PTE. LTD.Joint Venture Agreement • April 11th, 2012
Contract Type FiledApril 11th, 2012The Board of Directors (the “Board”) of KSH Holdings Limited (the “Company”) refers to the announcement made on 9 March 2012 that Unique Consortium Pte. Ltd. (“Unique Consortium”), a 35% owned associated company held by the Group, intends to enter into a formal joint venture agreement (the “JV Agreement”) with Oxley Holdings limited (“Oxley Holdings”) and Goldprime Investment Pte. Ltd. (“Goldprime”), each an unrelated third party, pursuant to which Unique Consortium, Oxley Holdings and Goldprime shall participate in the share capital of Oxley YCK Pte. Ltd. (“Oxley YCK”) in the proportion of 35:55:10 (the “Intended JV Proportion”) respectively.