Since signing asset transfer agreement with Monsanto on January 21, Sinochem International organized a work team consisting of over 10 persons to devote whole-heartedly to asset handover. Within the span of 39 days, the work team traveled repeatedly among 6 Asian countries, and completed 50 legal documents covering asset, technology, and supply and transition period arrangement after 5 rounds of negotiation, and set up 4 branches in related countries and regions to facilitate asset reception.
The work team also worked overtime during Spring Festival holiday period to speed up the progress of various legal procedures and administrative approval formalities, and finally completed ownership transfer of M&A assets ahead of schedule at the end of the second month after agreement signing.
Related News
Photos
More>>
trade
- Ding Junhui, Xue Zhiqian and Lichen gathered in Shanghai advocated for
- China making breaks foreign monopoly, Mengniu breakfast milk awarded world prize
- Mengniu yoghurt wins the world champion
- Intimate touch of milk and piano, Milk Deluxe city concert gracefully performs
- Mengniu invited to Cannes Lions International Advertising Festival
market
- Mengniu is honored as "China's Best Low Carbon Enterprise"
- Mengniu, green quality defines aeronautic standard
- Huiyuan reaches an agreement of double strong enterprises strategic corporation
- CGGC signed a contract of 3.45 Billion RMB
- Dredging of Ikorodu-Badore Baiyeku Ferry Route commenced officially in Nigeria
finance
- Three Gorges Project(TGP) Turbo-Generator Units Installation by CGGC Brushed New
- COMMENCEMENT OF NEELAM- JHELUM HYDROELECTRIC PROJECT
- Sewage Water Treatment Work in Equatorial Guinea Started
- CGGC granted credit AAA enterprise by CCCME
- No.3 Unit of Shuibuya HPP put into service 4 months ahead of schedule