Cement News tagged under: Max Myanmar Group of Companies

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LV Technology to raise funds for cement project in Myanmar

18 October 2012, Published under Cement News

LV Technology (LVT) will issue 396.69 million new shares to raise funds to invest in a cement business in Myanmar through a unit of the Max Myanmar Group of Companies, according to reports in the Bangkok Post. LVT is an engineering consulting firm that mainly provides equipment and expertise to the cement market. Hans-Jorgen Nielsen, LVT's founder and managing director, said setting up the new entity will give the company a 15 per cent stake in Max Manufacturing Co. "This investment is an...