Jatenergy Ltd Signs Agreement with Oppenheimer Pty Ltd

  • Nov 22, 2019 AEDT
  • Team Kalkine

Jatenergy Limited (ASX: JAT) announced an agreement with Sydney-based Oppenheimer Pty Ltd to develop a range of plant-based meats to be sold into China and other Asian markets.

  • JAT Oppenheimer Pty Ltd is owned 50/50 between the parties, and there is no termination date for the agreement.
  • Oppenheimer will provide a licence to JAT Oppenheimer Pty Ltd to use Oppenheimer’s intellectual property to develop and sell plant-based products.
  • Wilton Yao has been appointed as Chairman of the company and Jignesh Shah as a Managing Director of Oppenheimer Pty Ltd.
  • The cost of innovation, science and human resource for development will be funded by Oppenheimer for the first 12 months.
  • Initial expenses of the company would be funded by JAT.
  • All intellectual property developed during the course of business will be owned by JAT.


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