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dang nhap fun88网址Pinaco plans strategic partnership with Furukawa Battery

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dang nhap fun88网址Pinaco plans strategic partnership with Furukawa Battery

发布时间: 2024-03-30

Pinaco plans strategic partnership with Furukawa Battery

HÀ NỘI – Dry Cell and Storage Battery JSC (Pinaco) is seeking shareholders’ approval to choose Japan’s Furukawa Battery Co Ltd as its strategic investor.

Pinaco plans strategic partnership with Furukawa Battery

After becoming Pinaco’s strategic partner, Furukawa Battery will provide technical support and assistance in sales, while Pinaco will produce products as required by its Japanese partner.

The two sides will foster cooperation through capital contributions by Furukawa Battery in Pinaco. The Japanese firm is entitled to buy additional shares if Pinaco conducts additional share issues and has the right to nominate a member to Pinaco’s management board.

Pinaco plans strategic partnership with Furukawa Battery

The agreement has a five-year term from the effective date, expected to be inked in the last quarter of this year. The two companies will sign a strategic partnership contract and technology transfer contract by early  二0 一 八.

Furukawa Battery became the second-largest stakeholder in Pinaco after the purchase of  四. 九 million shares, an equivalent of  一0. 五 四 per cent of Pinaco’s capital, in October  二0 一 六.

Việt Nam National Chemical Group (Vinachem) is still the biggest shareholder with a  五 一 per cent stake.

Pinaco is trading shares on the HCM Stock Exchange with a value around VNĐ 五 三,000 (US$ 二. 三 三) a share.

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