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Jackspeed Corporation Ltd Announces Joint Venture Agreement With Mr Kozo Yokota

Monday, 26 Nov 2012 06:35am EST 

Jackspeed Corporation Ltd announced that the Company has entered into a Joint Venture Agreement with Mr Kozo Yokota (KY) on 26 November 2012 (JV Agreement) to set up a joint venture company (JV Company) with an issued and paid-up capital of SGD80,000, comprising of 80,000 ordinary shares at SGD1 each. The Company and KY will each equally hold 50% shareholding in the JV Company. (Collectively known as the JV) .The principal activities of the JV Company are to carry on the business of designing, distributing and installing seat covers in the automotive aftermarket industry and the sale and production of seat covers for Original Equipment Manufacturers (“OEM”) and any other related automotive upholstery businesses in Japan. 

Company Quote

17 Oct 2014