BVI Company News » Letter of Intent http://bvi-company-news.offshore-journals.com Financial results & statistics, interesting projects, latest acquisitions and achievements made by BVI companies worldwide. Tue, 27 Jul 2010 09:43:03 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 BVI-registered Windworks Engineering receives order from Singapore company http://bvi-company-news.offshore-journals.com/bvi-registered-windworks-engineering-receives-order-from-singapore-company/543/ http://bvi-company-news.offshore-journals.com/bvi-registered-windworks-engineering-receives-order-from-singapore-company/543/#comments Tue, 08 Jun 2010 09:02:34 +0000 <ADMINNICENAME> http://bvi-company-news.offshore-journals.com/?p=543 Windworks Engineering Inc., a British Virgin Islands-incorporated company engaged in the development of wind turbine technology, received a letter of intent from Singapore-based Worldwide Property ltd, for the purchase of 100 units WW5000 SWTs, to be installed in Singapore company’s Resort properties in Australia and in Bali. The value of the order is more than 2,5 million Euros.

An important part of the order is the deployment of a prototype unit within the next three months on Worldwide’s property to improve the finish of the serial units and adapt it to the specifications. Also, the BVI company has become an exclusive supplier of Wind Turbines to Worldwide Property for a period of 5 years.

]]> http://bvi-company-news.offshore-journals.com/bvi-registered-windworks-engineering-receives-order-from-singapore-company/543/feed/ 0 Ballyliffin Capital Corp makes a deal with BVI-registered forestry company http://bvi-company-news.offshore-journals.com/ballyliffin-capital-corp-makes-a-deal-with-bvi-registered-forestry-company/335/ http://bvi-company-news.offshore-journals.com/ballyliffin-capital-corp-makes-a-deal-with-bvi-registered-forestry-company/335/#comments Wed, 10 Jun 2009 15:06:41 +0000 <ADMINNICENAME> http://bvi-company-news.offshore-journals.com/?p=335 On May 27, 2009, the Canadian company Ballyliffin Capital Corp. provided an update on the status of its proposed qualifying transaction announced on March 25, 2009. Ballyliffin had negotiations with East Top International Group Limited, a privately held company headquartered in the British Virgin Islands and having several operating subsidiaries situated in the Peoples Republic of China, in connection with a proposed arm’s length qualifying transaction. Now the company announces that a Letter of Intent has been executed with the BVI company, which is engaged in forest operations, management, logging and timber processing and trade.

Currently, Ballyliffin and East Top are in discussions with the TSXV regarding structural matters of the transaction, and further details will be announced after a definitive agreement will be signed by them.

The principal business of East Top International Group Limited includes the ownership of natural forest lands, wood fibre operations, manufacturing and other operations producing downstream wood products.

]]> http://bvi-company-news.offshore-journals.com/ballyliffin-capital-corp-makes-a-deal-with-bvi-registered-forestry-company/335/feed/ 0