Fish & Vegetables Aqua Farms
Closing Date: Jun 30,2017
Gulf Resources is involved in forming a legal entity in the UAE with a capital equivalent to $2,500,000 or AED 9,200,000 to invest in the Food sector as follows:
1. In a U.S. based Holding Company (“the Company”) specializing in building and operating Aqua Farms growing Fish and Vegetables and become owner of approximately 25% of this U.S. based Holding Company shares.
2. Alternatively, the shareholders in the legal entity may decide to invest in the UAE to establish an Aqua Farm similar to the Aqua Farms being formed in the U.S.
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