IPVG Corporation, through its Affiliate Conqueror Space Limited has signed a Memorandum of Understanding ("MOU") with a Canadian-Chinese firm, giving IPVG exclusive rights to build and operate mineral refineries in India. Under the MOU, IPVG will have access to the skills and expertise of the Canadian-Chinese firm, who have a long history of building and operating mineral refineries in China.
Last February, IPVG was granted the exclusive rights to engage in the business of refining metal ores and other minerals in the Philippines. The MOU for the Indian operations will allow IPVG to expand overseas in potentially larger, more lucrative markets.
The MOU is in line with the IPVG Corporation's earlier announcement to amend its primary purpose to include the refining of metal ores, precious stones, oil, gas, and minerals.
More details will be disclosed when the IPVG has finalized the terms and conditions of the transaction.
About IPVG Corporation
IPVG Corporation (IP) was incorporated on May 19, 1964. IP is focused in businesses such as information technology & telecommunications, online computer games and business process outsourcing (BPO).
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"IPVG Corporation to build & operate mineral refineries in India" was written by Mary under the Business category. It has been read 1832 times and generated 0 comments. The article was created on 13 March 2012 and updated on 13 March 2012.
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