Tag: Ningbo
Ningbo Meishan, Signs Strategic Collaboration Agreement with Intention to Provide Funding of US$100 Million in Lab- Grown Diamonds Business
SGX-listed Metech International Limited (“Metech” or the “Company”, and together with its subsidiaries, the “Group”), is pleased to announce that its joint venture company, Asian Eco Technology Pte. Ltd. (“AET”) has entered into a Strategic Collaboration Agreement with Ningbo Meishan, which Zongheng Capital is one of the ordinary partners. Ningbo Meishan with intention to provide funding of US$100 million in AET’s lab-grown diamond business activities through debt and/or equity financing. Highlights: – A lab-grown diamond is a diamond: chemically, physically and optically identical to a mined diamond, hence without the need for mining, lab-grown diamonds are a sustainable source of ... Read more