Brief: Interra Resources Says Entered Joint Venture Agreement With Vibropower Corporation

Vibropower

01/11/2023 13:07

Nov 1 (Reuters) - Interra Resources Ltd  INTR.SI :
    * ENTERED INTO A JOINT VENTURE AGREEMENT WITH VIBROPOWER
CORPORATION
    * VIBROPOWER SHALL CONSTITUTE & SELL TO CO CONVERTIBLE BOND
WITH
PRINCIPAL AMOUNT OF S$1.5 MILLION
    * UNDER JV AGREEMENT, CO & VIBROPOWER AGREED TO CO-OPERATE
TO
BUILD  2-MW SOLAR FARM WITHIN LAND PARCEL LOCATED IN SABAH,
MALAYSIA
    * TOTAL COST FOR DEVELOPING AND CONSTRUCTING SOLAR FARM IS
CURRENTLY BUDGETED AT S$3 MILLION

Source text for Eikon:  ID:nSN1gM7mb 
Further company coverage:  INTR.SI 

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