Selen Science & Technology and Farasis sign intention letter for cooperation in Al-plastic film business
2019-07-30 17:23:29 [Print]
On the evening of July 28, Selen Science & Technology Co
. , Ltd . announced that the company and its wholly-owned subsidies Selen Composite Technology Co . , Ltd . (hereinafter referred to as "Selen Composite") and Selen Japan signed the Letter of Intention for Cooperation with Farasis on further cooperation and subsequent transactions regarding Al-plastic film business . According to the agreement, Selen Composite and Selen Japan should give priority to satisfying the purchasing requirements of Farasis for its products . If Toppan Printing Co . Ltd . agrees to transfer the patent licensing rights related to Al-plastic film business to Selen Composite, and all the non-patented technologies related to Al-plastic film business are injected into Selen Composite by Selen Science & Technology, Farasis will consider cooperating with Selen Science and Technology in equity.