Common Contracts
1 similar null contracts
JOINT VENTURE AGREEMENT BY WHOLLY OWNED SUBSIDIARY ECOWISE ENERGY PTE LTD AND WUHAN JIABAO SUGAR CO., LTD., CHINAJanuary 20th, 2009
The Board of Directors of ecoWise Holdings Limited wishes to announce that its wholly-owned subsidiary, ecoWise Energy Pte Ltd (“ecoWise Energy”), had entered into a joint venture agreement (“the Agreement”) with Wuhan Jiabao Sugar Co., Ltd. (“Jiabao”) pursuant to which a new subsidiary, Wuhan ecoWise Co., Ltd. (“Wuhan ecoWise”), a equity joint venture company, would be incorporated in the People’s Republic of China (“PRC”) to invest in the business of renewable energy projects such as a biomass co-generation plant. The total registered capital of Wuhan ecoWise is RMB22,800,000 with ecoWise Energy contributing RMB11,628,000 which comprises 51% the share stake.
