EX-2.1
from 8-K
6 pages
Memorandum of Agreement Dated: June 29, 2009 Heng Zhou International Shipping Limited Hereinafter Called the Sellers, Have Agreed to Sell, and Chan Wing Hereinafter Called the Buyers, Have Agreed to Buy Name: Heng Zhou Class: International Register of Shipping Built: 2007 By: Zhejiang Huaxia Ship Manufacturer Co, Ltd, China Flag: Panama Place of Registration: Panama Call Sign: 3ekw5 Grt/Nrt: 4340t/2023t Imo Number: 9444807 Hereinafter Called the Vessel, on the Following Terms and Conditions: 1. Purchase Price Hong Kong Dollars Sixty-Two Million Three Hundred and Ninty-Seven Thousand and Two Hundred and Eighty-Seven (Hk$62,397,287.00) Equivalent to United States Dollars Eight Million Fifty-One Thousand and Two Hundred and Ninty-Two. (Usd 8,051,292.00) 2. Payment A) as Security for the Correct Fulfillment of This Agreement the Buyers Shall Pay a Deposit of Usd 200,000.00 Latest by July 20, 2009. This Deposit Shall Be Placed With the Bank Which Instructed by the Sellers and Held by Them. Interest, if Any, to Be Credited to the Buyers. Norwegian Shipborkers’ Association’s Memorandum of Agreement for Sale and Purchase of Ships. Adopted by the Baltic and International Maritime Council (Bimco) in 1956. Code-Name Saleform 1993 Revised 1996, 1983 and 1986/87
12/34/56
