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Modern Overseas Investment Limited signs a Subscription Agreement with Vulcan Industrial & Mining Corporation
Mr. William Chan initially pledged seven (7) billion dollars to help develop the Philippines during the state visit of President Aquino in Beijing China on August 31, 2011. The pledge was made to projects involving mining, economic zone and real estate development. During the state visit of the Philippine President, he witnesed the signing of a contract between Vulcan and China Trend which is owned by Mr. Chan. China Trend completed its due diligence of Vulcan and opted to make a private placement instead of direct investments in its mining projects.
This article was written by admin under the Business category. It has been viewed times and generated 0 comments. The article was created on 23-April-2012.
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