Archive - Jun 12, 2008
Al Yousuf to Acquire 50 Percent Interest in ZAP Recharge-It-All Battery Line
Submitted by acampbell on Thu, 06/12/2008 - 11:11.
DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA -- Jun 12, 2008 -- Mr. Eqbal Al Yousuf will acquire a 50 percent interest in the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTC BB:ZAAP.OB).
Mr. Al Yousuf was recently appointed Chairman of ZAP's Board of Directors and attended his first board meeting as Chairman on June 2 at ZAP's Santa Rosa headquarters. Mr. Al Yousuf is the President of The Al Yousuf Group, but intends to make his commitment towards ZAP Recharge-It-All his own personal investment.