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WE Holdings Ltd Announces Establishment Of Joint Venture Company And Memorandum Of Understanding In Respect Of Petroleum Operations Project In Myanmar


Wednesday, 26 Jun 2013 12:20am EDT 

WE Holdings Ltd., and together with its subsidiaries, the refers to the Update Announcement, and announced that the Company has, pursuant to the JV, together with H.E. Nay Win Tun (Mr Nay), acquired two subscriber shares, of a company named WE Dragon Resources Pte, Ltd. on June 25, 2013 as the joint venture company pursuant to the JV Agreement. The Boardalso announced that following the execution of the JV Agreement, the Company had on June 24, 2013 entered into a non-binding memorandum of understanding with Mr Nay, for a proposed collaboration to carry out petroleum onshore projects in the Republic of The Union of Myanmar (Proposed Collaboration). 

Company Quote

0.0090
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18 Dec 2014