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: JOINT VENTURE (JV) between :

 

 

Saboo Group Jodhpur - India
&
MVSTR LLC, USA/ MVSB LLC, New York

(Dated, Aug 20, 1996)

 
 

Saboo Group of Jodhpur, India is getting into a Joint Venture agreement with MVSTR LLC and MVSB LLC, NY, NY, USA whereby MVSTR LLC and MVSB LLC will work as the overseas marketing and project sourcing, development and financing partner for the Saboo Group of Companies. MVSB LLC and MVSTR LLC will utilize their global project finance advisory and development group to identify potential transactions, business partners and be the central clearing point for the deal sourcing, development and funding. Saboo Group will bring their turn key expertise into such deals identified by MVSB LLC and MVSTR LLC. MVSB LLC and MVSTR LLC will originate projects for Saboo Group of companies outside India. All overseas projects related issues would be guided to MVSB LLC and MVSTR LLC in New York and its related locations globally. MVSB LLC and MVSTR LLC will act as the exclusive agents and arrangers for the Saboo Group projects outside India.

Saboo Group is an industrial and Machinery manufacturing organization supplying complete Cement Plant on Turn Key, Mineral Grinding Plants, Flourmills, Millstones, Individual Equipment, Abrasives, Refractories, Mineral Products, parts and other services to the Mineral and Agro-based Industries. Saboo today is a widely known group as a manufacturer & exports of Cement Plants, Flour Mills, Emery stones, Abrasive, Mineral Processing Plants, Refractory Products, Cast Iron and Handicrafts. The Saboo Group consists of the following companies in India: Saboo Engineers Pvt. Ltd., Shree Engineers. Saboo Refractories, Saboo Consultants Pvt. Ltd., Saboo Emery Stone Industries, Saboo Founders, Saboo Millstone, Avon Emery Industries (Regd). Abrasive India, Shree Engineering Industries.

MVSB LLC and MVSTR LLC is engaged in the business of identifying good prospects and transactions in energy, commodities, metals, infrastructure, telecommunication, petrochemicals, shipping, trading etc globally. This group is highly experienced in project, structured, corporate finance and trading. The group members have relationships across different regions globally and will help identify and develop potential profitable opportunities.

This Joint Venture document is being signed in New York, New York on August 20, 1996.

Mr. B.K. Karnani (Director)

Mr. Sanjiv Khosla (President / CEO)

info@sabooindia.com

globalmarketing@sabooindia.com

 
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