ASSET PURCHASE AGREEMENT CHINA TEL GROUP, INC. as the Purchaser of Certain Assets of TRUSSNET CAPITAL PARTNERS (HK) LTD Dated: as of March 9, 2009Asset Purchase Agreement • March 10th, 2009 • China Tel Group Inc • Radiotelephone communications • California
Contract Type FiledMarch 10th, 2009 Company Industry JurisdictionTHIS ASSET PURCHASE AGREEMENT (the “Agreement”), is entered into and effective as of March 9, 2009 (the “Effective Date”), by and among China Tel Group, Inc, a corporation organized in the state of Nevada (the “Purchaser”); and Trussnet Capital Partners (HK) Ltd, registered under the laws of Hong Kong (the “Seller”). The Purchaser and the Seller are sometimes referred to collectively herein as the “Parties”, and each individually as a “Party”.