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Entertainment Gaming Asia Inc. Message Board

  • pjv2xyw9dww4b5 pjv2xyw9dww4b5 Dec 15, 2006 1:15 AM Flag


    In the "Alliance Agreement" ( ) under "3.2 Provisions of Engineering and Manufacturing Alliance" is:


    Elixir and VDC will negotiate in good faith the terms on which Elixir will acquire a direct equity interest in a special purpose entity formed by VDC to hold the China manufacturing facility on terms mutually acceptable to Elixir and VDC, subject to regulatory approval and subject also to there being no regulatory impediment in respect to Elixir�s investment in VDC at that time. It is currently envisaged that the amount invested by Elixir to acquire a direct equity interest in a special purpose entity formed by VDC may approximate US$1 million, (representing the outstanding capital infusion commitment given to the local Chinese authority in respect to the China manufacturing facility), but that any such investment will be subject to finalisation of all relevant agreements and completion of a valuation that is satisfactory to both parties."

    Will the China manufacturing facility be 間接 for the Bricoleur note?

0.86+0.02(+2.16%)Apr 17 1:54 PMEDT

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