Examples of BVI Co in a sentence
Manufacturing Agreement (ODM) by and between Evervictory Electronic (B.V.I.) Co., Ltd.
INFORMATION OF THE DISPOSAL GROUP The Disposal Company is an investment holding company incorporated in the BVI with limited liability and holds 51% equity interest in BVI Co. BVI Co. and its wholly-owned subsidiary, HK Co., are investment holding companies and the principal asset of HK Co. is its investment in PRC Co. 1, which in turn holds 100% equity interest in PRC Co. 2.
In the event that the Profit Guarantee cannot be met, Xx. Xxxx Xxxx shall pay to the Disposal Company an amount in cash equivalent to 4.08 times of the shortfall of the consolidated net profit after tax of the BVI Co. attributable to the shareholders of BVI Co. from HK$120,000,000 (the “Shortfall Money”).
On 13 January 2011, the Disposal Company (as a wholly owned subsidiary and a special purpose vehicle of the Company for the purpose of the Acquisition Agreement) entered into the Acquisition Agreement with Xx. Xxxx Xxxx in relation to the acquisition of 51% of the equity interest in BVI Co., the holding company of the Relevant Group.
The Disposal Company is the holding company of a group of companies including BVI Co., HK Co., PRC Co. 1 and PRC Co. 2.