Josab International AB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
Josab International publ AB Signs MoU to Form Joint Venture with Vataple Machinery (Kunshan) Ltd
Josab International publ AB announced that it has signed a Memorandum of Understanding (MoU) with Vataple Machinery (Kunshan) Ltd. in which both parties have agreed to form a Joint Venture within a three-month time, whose main function is to mass produce Josab Aqualite based ecological water treatment plants for the Asia-Pacific region. Parties agree that the joint venture company will sign a license agreement with Josab International AB, regarding the right to manufacture Aqualite based ecological water treatment plants for the Asia-Pacific region. The company will also set up a service organization that will be responsible for the aftermarket. Vataple undertakes to provide production resources and secure the necessary financial backing according to the upcoming business plan of the company. Josab undertakes to provide the delivery of Aqualite mineral to support the requirement of production capacity.
Latest Developments for Josab International publ AB
- Heilongjiang InterChina Water Treatment signs LoI for acquisition of shares in Josab
- Heilongjian InterChina Water Treatment intends to acquire up to 20% of Josab
- Josab International publ AB and Vataple to Form Joint Venture
- Josab International publ AB to Establish Joint Venture with Heilongjiang Interchina Watertreatment Co Ltd
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