Joint Venture22 May 2026, 02:05 pm
Cosmo First Ltd Incorporates Joint Venture 'Filmax Cosmo Korea Limited'
AI Summary
Cosmo First Ltd has incorporated a joint venture company named 'Filmax Cosmo Korea Limited' in Korea with Filmax Corporation. This JV will handle the distribution, sale, and marketing of flexible packaging and other products manufactured by both companies. Cosmo First and Filmax have subscribed to the initial paid-up capital in a 50:50 ratio.
Key Highlights
- Cosmo First Ltd forms joint venture with Filmax Corporation in Korea.
- The joint venture is named 'Filmax Cosmo Korea Limited'.
- The JV will focus on distribution, sale, and marketing of flexible packaging.
- Cosmo First and Filmax hold equal 50:50 stake in the JV.
Price Impact
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