BH Global Corporation Ltd

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BH sets up joint venture

BackDec 09, 2009

BH Global Marine will incorporate a joint venture company in Singapore to export marine-related goods and products to Myanmar. The venture is with Shwe Nyan Win and Myint Soe Thein - experienced businessmen in marine and oil and gas engineering with strong networks in Myanmar. The initial paid-up share capital of the joint venture is $300,000. Each of the partners and BH will subscribe for 35 per cent and 30 per cent of the issued share capital of the JV respectively.