Common Contracts
1 similar Joint Venture Agreement contracts
JOINT VENTURE AGREEMENT BY WHOLLY OWNED SUBSIDIARY ECOWISE ENERGY PTE LTD AND WUHAN JIABAO SUGAR CO., LTD., CHINAJoint Venture Agreement • January 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.
