BVI Company News

The Estate Vault, Inc., the company providing electronic data managements services for organization, storage and protection of financial, personal, legal and medical information, announced that it has become partners with the British Virgin Islands-incorporated company International Medical Funds Trust (IMFT), and its New Zealand-based trustee company IMF Trustees Limited.

The purpose of the agreement between the companies is to deliver a suite of secure and interactive personal data management tools focused on helping patients and clients to have higher level of control over their personal information, while travelling out of their own country for medical procedures.
 
Those clients who sign up with this new membership service will have access to a number of specially developed membership plans for overseas medical travel, medical and surgical complications, medical vacations, international health and travel plans, USB data storage cards, and Prepaid MasterCard that eliminates the need to carry cash and provides up to US$50,000 in funding. By words of Boyd Soussana, CEO of the Estate Vault, customers “will also be able to put all sensitive data, medical files/x-rays and legal information into their own e-Vault that can be accessed anywhere.”

By words of president of the BVI company Kenneth Hunt, IMFT has designed and developed a whole range of insurance and non-insurance alternative products for these markets, and partnership with Estate Vault “ has provided IMFT a unique and innovative document management system.”

CEO of the Estate Vault also added that IMFT and Estate Vault have, in principal, agreed to establish an International Business Company (IBC) in the British Virgin Islands, which will become the provider of the range of converged hybrid products. This BVI IBC will be established under the Estate Vault International brand name.

Marubeni Corporation has entered into a Strategic Cooperation Agreement with a British Virgin Islands-registered company Winsway Coking Coal Holdings Limited. Winsway is one of the leading Chinese suppliers of imported high-quality coking coal.

Through this deal, the parties have agreed to expand coal sales to the Chinese market through Winsway. The aim of the companies is to achieve sales of over 2 million tons per annum of coking coal from Australia, Canada and other countries.

Winsway was the largest offtaker of Mongolian coking coal in 2009, so by cooperation with the BVI company Marubeni will be able to handle Chinese and Mongolian coal and provide a stable coal supply to Japanese and other markets. 

The agreement includes provision for joint coal resource development by both companies, as well as possible consideration by Marubeni to become a shareholder in Winsway.

Winsway Coking Coal Holdings Limited was established in 2007 in the British Virgin Islands, its main business is distribution and transportation of coal from Mongolia and other countries into China.