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Incorporated joint venture |
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Incorporated joint venture A joint venture in which the legal means of dividing the project's equity by shareholdings in a company. |
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The partners have agreed to form an incorporated joint venture, to be known as "Brass LNG Limited," to undertake this project. The newly incorporated joint venture company, Haworth Sumurwang Sdn Bhd, provides an opportunity for Haworth to expand its manufacturing operation in the Asia Pacific region, while Sumurwang's knowledge of the local market offers a powerful base for growth in Southeast Asia. |
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Incorporated joint venture
