Home News Deals, joint ventures & alliances

CWX Global sets up holding company to operate retail supermarket chain through joint venture

Felicia Tan
Felicia Tan2/8/2021 10:27 AM GMT+08  • 2 min read
CWX Global sets up holding company to operate retail supermarket chain through joint venture
The company will be incorporated within 10 business days of the date of the JVA, which is on Feb 5.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

CWX Global, formerly known as Loyz Energy, has entered into a joint venture agreement (JVA) with Zhu Chunxiao, Gan Jingjing, Zhang Jiahui and Jolene Wong Ling Yu on Feb 5.

Through the JVA, the parties have incorporated a holding company that will invest in and manage the operation of a retail supermarket chain.

There will be five directors on the board of the holding company, with two non-executive directors appointed by CWX Global and three executive directors appointed by Zhu, Gan, Zhang and Wong.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now