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LV Technology PCL Misses Filing Deadline
Jun 03, 2013
The Stock Exchange of Thailand announced that LV Technology PCL has not
submitted its first quarter of fiscal year 2013 financial statement by the
May 31, 2013 deadline.
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LV Technology PCL Signs New Project with Falcon Cement
Company B.S.C
May 02, 2013
LV Technology PCL announced that on April 27, 2013, it has signed a new
project named Falcon with Falcon Cement Company B.S.C, located in Bahrain,
for the supply of engineering, machinery, and equipment to upgrade and set
up a new backup of Cement Grinding Plant 70 tph, worth USD 9 million. The
period of work is 16 months.
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LV Technology PCL Announces Appointment of Auditor
Apr 24, 2013
LV Technology PCL announced that it has appointed ASV & ASSOCIATES
LIMITED to be the Company's auditor for the fiscal year 2013.
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LV Technology PCL Signs New Contracts
Mar 18, 2013
LV Technology PCL announced that on March 14, 2013, it has entered into the
contract with Max (Myanmar) Manufacturing Co Ltd (MMM) for the project
named Max Cement (Max 1), located in Myanmar, worth USD 7,000,000, with 14
months period of work. On March 14, 2013, he has also signed the contract
with MMM for the project named Max Cement Pyi Nyaung (Max 2), located in
Myanmar, worth USD 29,000,000, with 18 months period of work. On February
6, 2013, it has signed a contract with EMPRESA DE CIMENTOS LIZ S.A. for the
project named Cimentos Liz Pozzolan Kiln, located in Brazil, worth USD
13,900,000, with 18 months period of work. On February 1, 2013, it has
signed a contract with Aalborg Portland Malaysia SDN BHD for the project
named Aalborg, Malaysia White Cement Kiln Expansion System, located in
Malaysia, worth USD 8,974,000, with 15 months period of work. The total
consideration is USD 58,874,000.
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LV Technology PCL Not To Pay FY 2012 Dividend
Mar 04, 2013
LV Technology PCL announced that no dividend was declared for fiscal 2012
(FY 2011: nil).
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LV Technology PCL Amends Stake Sale of Technology
Private Ltd
Feb 01, 2013
LV Technology PCL announced that on January 30, 2013, the Company has
cancelled the stake sale for 25% stake or 100,000 shares of LNV Technology
Private Ltd (LNVT), to Huaxin (Hong Kong) International Holdings Ltd, as of
the approval date on October 16, 2012. The Company has amended to sell
30.50% or 122,000 shares of LNVT, to Sinoma International Engineering Co
Ltd, worth USD 69.93 per share or a total value of USD 8,532,129
(approximately THB 260.09 million). Upon completion, the Company will hold
18.5% stake of LNVT.
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LV Technology PCL Signs New Contract
Dec 19, 2012
LV Technology PCL announced that on November 27, 2012, it has signed a new
contract for The Closed Warehouse and Conveying System for Coal ("Wat
Bundai Project"), with SCG Trading Co Ltd, to supply the engineering
services, machinery and equipment, and supervisory services of Wat Bundai
Project, worth THB 152,068,048 with nine months period of works.
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LV Technology PCL Amends Transaction Date for the Sale
of LNV Technology Private Ltd's Stake
Nov 30, 2012
LV Technology PCL announced that on October 16, 2012, it has approved to
sell 25% stake or 100,000 shares of LNV Technology Private Ltd (LNVT), at
INR 10 per share and 10,000 preferred shares at INR 100 per share, to
Huaxin (Hong Kong) International Holdings Ltd, worth USD 5,000,000 (THB
154.40 million). The transaction date is expected to be within January 2013
from 2012.
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LV Technology PCL Announces Equity Offering
Nov 22, 2012
LV Technology PCL announced the equity offering by issuing up to
172,846,175 shares with a par value of THB 1.00 per share to existing
shareholders, with the ratio of three old shares per one new share at THB
1.25 per share. The record date is January 14, 2013. The subscription dates
are January 28-31, 2013 and February 1, 2013. The Company will offer up to
51,000,000 shares with a par value of THB 1.00 per share to private
placement.
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LV Technology PCL Announces Cancelation of Equity
Offering
Nov 20, 2012
LV Technology PCL announced that on November 19, 2012, the Extraordinary
General Meeting of Shareholders has approved the postponement and
cancellation of the equity offering by issuing 396,692,350 shares with a
par value of THB 1.00 per share, to existing shareholders up to 345,692,350
shares with a ratio of three old shares per two new shares at THB 1.25 per
share and to private placement up to 51,000,000 shares, to invest in the
new subsidiaries.
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LV Technology PCL Announces Appointment of President
Nov 13, 2012
LV Technology PCL announced that it has appointed Mr. Hans Jorgen Nielsen
as President of the Company, effective from November 14, 2012.
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LV Technology PCL To Sell Stakes in LNV Technology
Private Ltd
Oct 17, 2012
LV Technology PCL announced that on October 16, 2012, it has approved to
sell 25% stake or 100,000 shares of LNV Technology Private Ltd (LNVT), a
provider of engineering services, located in India, with a registered
capital of INR 5,000,000 comprising of 400,000 shares at INR 10 per share
and 10,000 preferred shares at INR 100 per share, to Huaxin (Hong Kong)
International Holdings Ltd, worth USD 5,000,000 (THB 154.40 million). The
transaction date is expected to be within 2012. Upon completion, the
Company holds 24% from 49% of LNVT.
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LV Technology PCL Announces Equity Offering; Establishes
New Subsidiary; Announces Subsidiary to Jointly Invest in Max Manufacturing
Co., Ltd
Sep 10, 2012
LV Technology PCL announced the equity offering by issuing 396,692,350
shares with a par value of THB 1.00 per share, to existing shareholders up
to 345,692,350 shares with a ratio of three old shares per two new shares
at THB 1.25 per share and to private placement up to 51,000,000 shares, to
invest in the new subsidiaries. The Company also announced the
establishment of new 50% owned subsidiary (the Subsidiary), with a
registered capital of USD 30 million (approximately THB 472.18 million).
The remaining investment part is under negotiation with the other shareholders
who are not the connected parties of the Company. The Company intended to
make Subsidiary to jointly invest a 30% stake in Max Manufacturing Co.,
Ltd. (MAX), located in Myanmar, with the registered capital of USD 100
million. The remaining 70% stake in MAX shall be held by the existing
shareholder Mr. U Zaw Zaw. MAX has invested in two cement plants comprised
of Max Cement Plant 1 and Max Cement Plant 2.
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LV Technology PCL Signs New Contract
Sep 06, 2012
LV Technology PCL announced that on July 5, 2012, it has signed a contract
with Aalborg Portland Malaysia SDN BHD, located in Malaysia, to supply the
engineering services, machinery and equipment, erection for sand mill
grinding system in cement plant, worth USD 3,546,000. The period of works
is 11 months.
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