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ABR Holdings Ltd To Incorporate Joint Venture Company With Palate Group Pte. Ltd.


Monday, 28 Jan 2013 04:13am EST 

ABR Holdings Ltd announced that it has entered into a conditional joint venture agreement (JVA) with Palate Group Pte. Ltd. for the development, operation, franchise and management of food and beverage brands of the Group (the Company and subsidiaries). The Company and Palate Group will subscribe for 51% and 49% of the share capital of the designated joint venture company, All Best Foods Pte. Ltd., for the cash subscription amounts of SGD 4,080,000 and SGD 3,920,000, respectively. 

Company Quote

0.76
0.01 +1.33%
7 Jul 2014