Asian Buttermilk Enterprise / Nurin Nadiah Nor Azman ... [et al.]

Nor Azman, Nurin Nadiah and Md Fadzli, Nurain Atiqah and Ahmad, Nur Syafiqa Aisya and Azizan, Nurul Faezah and Mohd Fuad, Nur Hidayah (2021) Asian Buttermilk Enterprise / Nurin Nadiah Nor Azman ... [et al.]. [Entrepreneurship Project] (Unpublished)

Abstract

General Business Description
Therefore it is being legalized that the entire name above are agreed to become partnership members. The name partnership shall be Asian Buttermilk Enterprise. The partnership shall be conducted for the purpose of Buttermilk powder. The Partnership may also engage in any activities that are related, complimentary or incidental to this business purpose.
The principal place of business shall be at 2 Storey Shop Lot, Jalan Kristal L7/L, Seksyen 7, 40000 Shah Alam, Selangor unless relocated by majority consent of the partners
1. Duration of Agreement
The term of this agreement shall be for five (5) year, commencing on 10th January, 2020,and and terminating on 10th January 2025, unless sooner terminated by mutual consent of the parties or by operation of the provisions of this agreement
2. Capital
The capital of the partnership shall be contributed in cash by the partners as follows:
i. A separate capital account shall be maintained for each partner.
ii. Neither partner shall withdraw any part of their capital account.
iii. Upon the demand of either partner, the capital accounts of the partners shall be maintained at all times in the proportions in which the partners share in the profits and losses of the partnership.The capital contribution to the partnership is stated as follows:

Metadata

Item Type:	Entrepreneurship Project
Creators:	Creators Email / ID Num. Nor Azman, Nurin Nadiah 2019986179 Md Fadzli, Nurain Atiqah 2019564481 Ahmad, Nur Syafiqa Aisya 2019749879 Azizan, Nurul Faezah 2019900527 Mohd Fuad, Nur Hidayah 2019918943
Contributors:	Contribution Name Email / ID Num. Advisor Shafie, Daliliizni UNSPECIFIED
Subjects:	H Social Sciences > HF Commerce > Business education H Social Sciences > HF Commerce > Business H Social Sciences > HF Commerce > Business communication. Including business report writing, business correspondence H Social Sciences > HF Commerce > Business communication. Including business report writing, business correspondence > English language
Divisions:	Universiti Teknologi MARA, Pulau Pinang > Permatang Pauh Campus > Faculty of Business and Management
Keywords:	Business Purpose, Agreement, Capital Account
Date:	15 January 2021
URI:	https://ir.uitm.edu.my/id/eprint/49897