m88 casino app Advises Momentive on its Joint Venture with Hungpai

Momentive (Shanghai) Investment Co., Ltd. and Momentive Performance Materials Asia Pacific Pte. Ltd., both of which are subsidiaries of Momentive Performance Materials Group (Momentive), recently entered into an agreement with Jiangxi Hungpai New Material Co., Ltd. (Hungpai) with the stock code 605366, in South Korea to establish a joint venture in China. The joint venture will engage in the production, promotion and sales of functional silane products. The registered capital of the joint venture is tentatively set at RMB 720 million or its equivalent in USD. Momentive will contribute RMB 352.8 million, accounting for 49% of the joint venture's registered capital, while Hungpai will contribute RMB 367.2 million, accounting for 51% of the registered capital. m88 casino app acted on behalf of Momentive and assisted in drafting, reviewing, revising, negotiating and finalizing the entire set of transaction documents related to the establishment of the joint venture and the subsequent business collaboration (including the joint venture contract and its ancillary agreements).

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