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Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Tune Ins Holdings Bhd announces joint venture agreement with Cozmo Travel LLC

Tuesday, 21 Jan 2014 07:00pm EST 

Tune Ins Holdings Bhd:Says on Jan. 20, entered into a Joint Venture Agreement (JV) with Cozmo Travel LLC (Cozmo) for the provision of travel insurance as well as customised travel solutions for independent and corporate travelers.Says the JV shall operate through a joint venture company (JV Company) to be incorporated under the laws of the Emirate of Dubai, United Arab Emirates (UAE).Says completion shall take place within ten business days from the fulfillment or waiver of the Conditions Precedent.Says upon completion, the Parties are to ensure the JV Company approves and executes the relevant agreements to which it is a party within 10 business days following incorporation and licensing of the JV Company.Says the principal objectives of the JV Company are to act as a Commercial Broker. 

Company Quote

-0.01 -0.55%
12:29am EDT