Archive for the ‘BVI Holding Companies’ Category

Origin entered into collaboration agreement with INOVA, Brazil

Thursday, September 19th, 2019

BVI-registered Origin Agritech Ltd. entered into a collaboration agreement with Inova Genética Ltda (INOVA), a member of the Wehrmann Group, which is an active participant of the seed industry and a leading vegetable production company in Brazil. The agreement between the agriculture technology company and INOVA provides for co-operation in field testing of hybrids of both companies in each other’s geographic regions.

INOVA will also co-operate with the BVI company to evaluate corn seed biotechnology traits for application in South American markets. Origin and INOVA will explore commercial opportunities between the companies in corn seed breeding, production and distribution in South America. INOVA is focused on the plant breeding business and is headquartered in Cristalina-GO, Brazil.

Origin Agritech signed agreement with Biotechnology Research Institute

Friday, August 30th, 2019

Origin Agritech Ltd. has entered into a collaboration agreement with Biotechnology Research Institute (BRI) of Chinese Academy of Agricultural Sciences (CAAS), which will speed up the commercialization of genetically modified insect resistance and glyphosate tolerance corn traits in China.

During long time, the BVI corporation has been cooperating with CAAS to develop various GM traits, and the new agreement enhances the cooperation with BRI, mainly focusing on related research for commercialization of the double stacked corn trait of insect resistance and glyphosate tolerance.

Origin and BRI will join together to apply for government sponsored funds and share research facilities and capabilities. Both companies will also work together to promote the commercialization of the stacked corn trait, which Origin has been developing based on the fundamental research from CAAS.

Chinese Academy of Agricultural Sciences is a national, integrative agricultural scientific research organization in China carrying out both basic and applied research, and research into new agriculture technologies. BRI of CAAS is the only public, non-profit institution focusing on the basic and applied research of agro-biotechnology in China.

Luxoft entered into strategic partnership with Trend Micro Incorporated

Wednesday, April 10th, 2019

Trend Micro Incorporated, the global leader in cybersecurity solutions, announced a strategic partnership with Luxoft Holding, Inc., the global digital strategy and engineering company incorporated in the BVI. The companies will jointly introduce and deploy the Intrusion Detection System (IDS) and Intrusion Prevention System (IPS), a comprehensive cybersecurity solution aimed to detect, mitigate and respond to cyber-attacks on connected cars.

The upcoming IDPS solution developed specifically for cars, will be enhanced with machine learning techniques to identify anomalies in communication, behavior and the state of components. Key features of the solution are: securing vehicle-to-everything (V2X) communication, both physically and in remote mode; protecting cloud and mobility services, including over-the-air updates and asset management; establishing secure operation of car components; and providing sustainable cybersecurity protection level via continuous threat research and proactive control mechanisms.

Hutchison Ports signed Heads of Agreement with Malaysian company

Thursday, April 4th, 2019

Hutchison Port Holdings Limited, a private holding company registered in the British Virgin Islands and headquartered in Hong Kong, signed a Heads of Agreement with KA Petra Sdn Bhd, the company which a pioneer in the Ship-to-Ship transfer business in Malaysia. According to this agreement, the parties will become strategic partners to jointly develop the world’s largest Ship-to-Ship Transfer Hub in Malaysia – the flagship project of KA Petra.

According to the Heads of Agreement, the BVI holding takes 30% stake in KA Petra’s Ship-to-Ship Hub, while the Malaysian company will have 70% interest in the project. The construction of the Hub, which is to commence in the next 12 months and is estimated to cost US$150mln to US$180mln, will be funded both by internally integrated funds and debt financing.

During the signing ceremony Hutchison Ports was represented by Group Managing Director Mr. Eric Ip, and KA Petra was represented by its founder and Executive Chairman, Dato’ Shahrul Amirul. The ceremony was also formally witnessed by Prime Minister of Malaysia and Minister of Transport of Malaysia, with the presence of Minister of Economic Affairs and Minister of Domestic Trade and Consumer Affairs.

Mr. Eric Ip, Group Managing Director of Hutchison Ports said, “We are equally excited to be part of this significant project that will have such a positive impact on the marine sector in Malaysia, as well as in SE Asia. Given our global port network, we are confident of introducing the many benefits offered in this STS Hub to our global shipping lines customers. This would be one of our valued propositions as a strategic partner with KA Petra in undertaking the development of the world’s largest STS Hub in Malaysia.”