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ASIA BIOENERGY TECHNOLOGIES BERHAD - COLLABORATION BETWEEN ASIABIO ZYME ENGINEERING SDN BHD AND QS SYSTEMS SDN BHD ON THE JOINT DEVELOPMENT OF AN AUTOMATED, CONTINUOUS COMPOSTING AND PROCESSING SYSTEM USING EMPTY FRUIT BUNCH AS RAW MATERIALS TO PRODUCE MICROBE BASED BIO-ORGANIC FERTILIZERS

ASIA BIOENERGY TECHNOLOGIES BERHAD

Admission SponsorKenanga Investment Bank Bhd
SponsorSame as above
TypeAnnouncement
SubjectASIA BIOENERGY TECHNOLOGIES BERHAD
- COLLABORATION BETWEEN ASIABIO ZYME ENGINEERING SDN BHD AND QS SYSTEMS SDN BHD ON THE JOINT DEVELOPMENT OF AN AUTOMATED, CONTINUOUS COMPOSTING AND PROCESSING SYSTEM USING EMPTY FRUIT BUNCH AS RAW MATERIALS TO PRODUCE MICROBE BASED BIO-ORGANIC FERTILIZERS
ContentsThe Board of Directors of Asia Bioenergy Technologies Berhad (“ASIABIO”) wishes to announce that Asiabio Zyme Engineering Sdn Bhd (formerly known as Crisiant Kouseki Seishou Sdn Bhd), a subsidiary company of Asiabio Zyme Solutions Sdn Bhd (formerly known as ALC Management Sdn Bhd) which in turn is an associate company of ASIABIO, has on 29 January 2010 entered into a Shareholders’ and Collaboration Agreement with QS Systems Sdn Bhd to jointly develop an automated continuous composting and processing system using empty fruit bunch as raw materials to produce microbe based bio-organic fertilizers (hereinafter referred to as the "Proposed Collaboration").

For further details, please refer attached.

This announcement is dated 29 January 2010.


Announcement Info

Company NameASIA BIOENERGY TECHNOLOGIES BERHAD (ACE Market) 
Stock Name ASIABIO    
Date Announced29 Jan 2010  
CategoryGeneral Announcement
Reference NoCU-100128-70867



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