Jatcorp is looking more and more like a new Nestles in the making all the time. Nestles has similar company's and arrangements in China and manufactures in various country's. Jatcorp, an international conglomerate growing dramatically.
I wonder what sort of funds will be made available for this venture, Hangzhou JAT.
“JAT considers that a potential investment by a significant Chinese state-owned company directly into JAT’s Chinese business would be a significant boost to JAT’s China-based business strategy and development. JAT will vigorously pursue this initiative with Hangzhou Xiacheng and other Chinese corporates.”
"In order to fund the operations of Hangzhou JAT, equity investments will be sought from Chinese-based corporate investors who wish to obtain exposure to JAT’s developing China business."
Probably millions or even tens of millions. It could even be 50 mil or more from China based corporate investors. If you are going to manufacture in China to sell to China this is a huge leap forward as can be seen from the relationships new deal in this announcement "JAT signs Sales Agency Agreement with Beijing Lulukuan Trading Co".
GLTAH DYOR
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