February 29, 2008
ngi to Take Capital Stake in and Form Cooperative Agreement with RunSystem Corporation of Vietnam for Offshore Development Business
We have decided to take a capital stake in RunSystem Corporation (Vietnam, CEO Ngo Van Tau) through a third party private placement and as part of our strategy, which places special emphasis upon developing our business in the Socialist Republic of Vietnam. We will acquire a stake worth the equivalent of 10.4% of the total shares issued in RunSystem and collaborate with RunSystem as an offshore development center for our Internet related business.
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