Compugates definition

Compugates or “the Company”) had via its wholly owned sub-subsidiary, Compugates Marketing Sdn Bhd (“Compugates Marketing”), on 19 September 2014 entered into an OEM Tea Supply and Packaging Collaboration Agreement (“Collaboration Agreement”) with Westwood Marketing Sdn Bhd (“Westwood Marketing”) where Compugates Marketing has been appointed to manufacture or cause to manufacture and package Gaharu Tea under the brand name “Blackgold” for Westwood Marketing, or any other products or by product derived from Gaharu which both parties deem viable.
Compugates or “the Company”) had via its wholly owned sub­subsidiary, Compugates Marketing Sdn Bhd (“Compugates Marketing”), on 24 April 2015 entered into an Standing Agarwood Sale and Cutting Agreement (“SASC Agreement”) with Westwood Marketing Sdn Bhd (“Westwood Marketing”) where Westwood Marketing has agrees to purchase the standing agarwood trees for a total consideration of Ringgit Forty Three Million Eight Hundred and Eighty Four Thousand only (RM43,884,000.00) inclusive of 6% GST during the one (1) year term from the date of the SASC Agreement pursuant to the terms and condition set forth therein.

Examples of Compugates in a sentence

  • Compugates Marketing’s valuable experiences in the production of product and by products derive from Gaharu/Agarwood, and also having an existing Gaharu/Agarwood plantation, Westwood Marketing is confident that with Compugates Marketing’s experiences with ▇▇▇▇▇▇, it will be able to synergize the business for the both companies.

  • Through its marketing arm in Malaysia, Westwood Marketing enter into an Agreement with Compugates Marketing a wholly own subsidiary of Compugates Holding Berhad into the Gaharu/Agarwood business segment.

  • The Board, having considered all aspects of the Collaboration Agreement, is of the opinion that the Collaboration Agreement is in the best interest of Compugates.

  • The entry into the Collaboration Agreement will not have any effects on the issued and paid-up share capital of Compugates as well as its substantial shareholders’ shareholdings.

  • None of the Directors and substantial shareholders of Compugates and/or person(s) connected to them have any interest, direct or indirect in the Collaboration Agreement.