In connection with ZAP's recent announcement regarding plans to acquire Chinese manufacturer Zhejiang Jonway Automobile by taking a 51% stake, cross-border fund Cathaya Capital has said that it is investing US$11m in ZAP to fund the acquisition. The directors of ZAP and Jonway Auto have signed an agreement, whereby ZAP will Subscribe to Automotive World … Continued
In connection with ZAP's recent announcement regarding plans to acquire Chinese manufacturer Zhejiang Jonway Automobile by taking a 51% stake, cross-border fund Cathaya Capital has said that it is investing US$11m in ZAP to fund the acquisition.
The directors of ZAP and Jonway Auto have signed an agreement, whereby ZAP will
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https://www.automotiveworld.com/articles/82868-us-cathaya-capital-investing-us-11m-in-zap/
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