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)
