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Antonov transmissie gaat er komen in China!

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  1. antomaat 31 oktober 2009 20:50
    Key developments for Antonov plc (ATV)
    Antonov plc Signs Joint Venture Agreement with Chong Qing Landai Industries Co. Ltd
    06/10/2009
    Antonov plc announced the successful conclusion of negotiations to secure a partner for its manufacturing joint venture in China with the signing of an agreement to form a Joint Venture with Chong Qing Landai Industries Co. Ltd. Under the terms of the agreement the JV will develop Antonov's 6-speed automatic transmission ('TX-6') for start of production, planned to begin during the course of 2011. The TX-6 will be manufactured in the JV's facilities, which will provide capacity for a minimum 200,000 transmissions per year. The manufacturing plant will be established at Landai's new site in Chong Qing, reducing the level of investment originally anticipated. Consequently, additional funding will be available to focus on accelerating the development programme to achieve production at the earliest possible date. Each party will hold 50% of the shares in the JV, which will involve investment of RMB 150 million (around Euro 15 million) by each party, totaling RMB 300 million, or approximately Euro 30 million. The registered capital of the JV will be RMB 50 million (around €5 million), of which each party will contribute its RMB 25 million (approximately €2.5 million) share in cash. This funding will be brought into the company as soon as it is legally established, which is expected to occur in the next few weeks.
  2. hans199 1 november 2009 10:08
    June 10, 2009

    Antonov Signs Joint Venture Agreement with Landai
    Press Release

    The Company is pleased to announce the successful conclusion of negotiations to secure a partner for its manufacturing joint venture (“JV”) in China with the signing of an agreement to form a Joint Venture with Chong Qing Landai Industries Co., Ltd. (“Landai”).

    Under the terms of the agreement the JV will develop Antonov's 6-speed automatic transmission (“TX-6”) for start of production, planned to begin during the course of 2011. The TX-6 will be manufactured in the JV's facilities, which will provide capacity for a minimum 200,000 transmissions per year. The manufacturing plant will be established at Landai's new site in Chong Qing, reducing the level of investment originally anticipated. Consequently, additional funding will be available to focus on accelerating the development program to achieve production at the earliest possible date.

    Each party will hold 50% of the shares in the JV, which will involve investment of RMB 150 million (around Euro 15 million) by each party, totaling RMB 300 million, or approximately Euro 30 million. The registered capital of the JV will be RMB 50 million (around Euro 5 million), of which each party will contribute its RMB 25 million (approximately Euro 2.5 million) share in cash. This funding will be brought into the company as soon as it is legally established, which is expected to occur in the next few weeks.

    Landai recorded turnover of USD 70 million in 2008 and employs 1,400 people in the Chong Qing province,. with a well established customer base among Chinese vehicle manufacturers including Geely, Chery, Lifan, YuAn and FAW. It also has established long term partnerships with companies in Iran, India and Korea. Further information on Lan Dai is available at en.cqld.com.

    Mr Zhu, chairman of Landai, commented: “After visiting the Antonov Technical Centre in Warwick and assessing its technical capabilities and organization, I am very happy to have signed the agreement for the joint venture and look forward to working closely with our new partner”.

    Dr. Jos E. Haag, Executive Chairman of Antonov Plc commented: “I am delighted that Antonov is now at the point where we can work towards production with the best possible partner in China, considering that Landai already has good relationships with customers like Lifan, Geely and Chery”.

    We will keep the market informed of further progress
  3. [verwijderd] 1 november 2009 15:12
    En de weken zijn al maanden geworden. Duurt zelfs zoveel langer dat Antonov nog is 600K euro extra moet kiepen voor een lening waar nog nooit één cent van ontvangen is.

    quote:

    antomaat schreef:

    The registered capital of the JV will be RMB 50 million (around €5 million), of which each party will contribute its RMB 25 million (approximately €2.5 million) share in cash. This funding will be brought into the company as soon as it is legally established, which is expected to occur in the next few weeks.
    [/quote]

    Daarnaast merkt ffwachten natuurlijk terecht op wie ze moet gaan afnemen. Er is absolute stilte omtrent dit topic. En dit terwijl men ongeveer een jaar geleden de mond vol had over de 8 potentiële Chinese afnemers. Nooit meer iets van vernomen.

    Het verleden heeft aangetoond dat stilte en zaken die verschrikkelijk veel langer duren geen goede voorbode zijn.

    Gr. Q

    [quote=antomaat]
    Key developments for Antonov plc (ATV)
    Antonov plc Signs Joint Venture Agreement with Chong Qing Landai Industries Co. Ltd
    06/10/2009
    Antonov plc announced the successful conclusion of negotiations to secure a partner for its manufacturing joint venture in China with the signing of an agreement to form a Joint Venture with Chong Qing Landai Industries Co. Ltd. Under the terms of the agreement the JV will develop Antonov's 6-speed automatic transmission ('TX-6') for start of production, planned to begin during the course of 2011. The TX-6 will be manufactured in the JV's facilities, which will provide capacity for a minimum 200,000 transmissions per year. The manufacturing plant will be established at Landai's new site in Chong Qing, reducing the level of investment originally anticipated. Consequently, additional funding will be available to focus on accelerating the development programme to achieve production at the earliest possible date. Each party will hold 50% of the shares in the JV, which will involve investment of RMB 150 million (around Euro 15 million) by each party, totaling RMB 300 million, or approximately Euro 30 million. The registered capital of the JV will be RMB 50 million (around €5 million), of which each party will contribute its RMB 25 million (approximately €2.5 million) share in cash. This funding will be brought into the company as soon as it is legally established, which is expected to occur in the next few weeks.

  4. smith&jones 1 november 2009 17:56
    Blijft grappig dit,
    600k dokken voor een niet gebruikte, en wss ook niet bestaande kredietfaciliteit.

    Dan een 'JV' die 17 mio moet kosten!
    Noem dit dan gewoon investeren in productierijp maken en productiemiddelen, want dat is het.

    Kortom , Antonov haalt zich de kosten op de hals voor de investering in een productierijp product en productiefaciliteit zonder 1 product verkocht te hebben.

    Deze investering heet 'Joint Venture' en moet kennelijk de believers laten geloven dat dit zal leiden tot verkochte producten. Dit heb ik echter helemaal nergens kunnen ontdekken.

    Hoe worden deze kosten gedekt?
    Met de 'kredietfaciliteit' soms? Dit wordt waarschijnlijk een ordinaire emissie over de rug van de zittende aandeelhouders die een mega-verwatering om de oren krijgen.

    Dus, in Antonoviaans :

    'Joint Venture'= investering in productie zonder orderboek
    'Kredietfaciliteit' = mega-emissie

    S&J.
  5. Ice T 2 november 2009 09:51
    quote:

    smith&jones schreef:

    Blijft grappig dit,
    600k dokken voor een niet gebruikte, en wss ook niet bestaande kredietfaciliteit.

    Dan een 'JV' die 17 mio moet kosten!
    Noem dit dan gewoon investeren in productierijp maken en productiemiddelen, want dat is het.

    Kortom , Antonov haalt zich de kosten op de hals voor de investering in een productierijp product en productiefaciliteit zonder 1 product verkocht te hebben.

    Deze investering heet 'Joint Venture' en moet kennelijk de believers laten geloven dat dit zal leiden tot verkochte producten. Dit heb ik echter helemaal nergens kunnen ontdekken.

    Hoe worden deze kosten gedekt?
    Met de 'kredietfaciliteit' soms? Dit wordt waarschijnlijk een ordinaire emissie over de rug van de zittende aandeelhouders die een mega-verwatering om de oren krijgen.

    Dus, in Antonoviaans :

    'Joint Venture'= investering in productie zonder orderboek
    'Kredietfaciliteit' = mega-emissie

    S&J.
    Gewoon weer een reverse stocksplit op 20 cent 10= 1 dan staan we gewoon weer op 2 euro. Dit staat ook een stuk mooier in de grafiekjes.
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