MST(KOREA),
hereinafter referred to as "MST," has signed an agreement
with KOVENTURE(THAILAND), the parent company of
PURITY GROUP,
in one of the ASEAN countries, for the local production
of natural
disinfectants through production technology transfer and raw material
supply.
As part of the
agreement, it is expected that MST will receive up to $20 million USD
in
royalties over the next 20
years.