Wednesday, December 9, 2015

Sanichi Technology Bhd had on Dec 8, 2015 entered into a Memorandum of Understanding (MoU) with German firm Protev International GmbH to form a joint venture (JV) in providing a one-stop product and service centre to all its customers worldwide in the manufacturing of plastic injection moulds and tools.

KUALA LUMPUR (Dec 9): 

Sanichi Technology Bhd had on Dec 8, 2015 entered into a Memorandum of Understanding (MoU) with German firm Protev International GmbH to form a joint venture (JV) in providing a one-stop product and service centre to all its customers worldwide in the manufacturing of plastic injection moulds and tools.

In a filing with Bursa Malaysia today, it was revealed both parties intend to form a JV company called Sanichi Protev Sdn Bhd, in which Sanichi will hold a 51% stake and Protev, the remaining 49%.

Incorporated in Germany, Protev is an innovator in mould injection-tooling consulting, with over 25 years of experience as a one-stop solution provider worldwide, helping companies of all sizes and across various industries, especially in Europe, United States of America and Mexico.


Sanichi is involved in the design, R&D, fabrication, repair and modification of precision advanced and conventional plastic injection mould.

vvvvvvvvvvvvvvvvvvvv

JOINT VENTURE WILL BE

good for 2016.........

No comments:

Post a Comment