Thursday, July 5, 2012

UPP

UPP: Has entered into a Myanmar based JV of which co will own 66% as previously announced. Co's partner is a local Myanmar firm, Myan Shwe Pyi Ltd and co's share of investment is approx $14.0m which co will fund internally. The JV Co is intended to engage in the business and activities in Myanmar comprising primarily of excavation, drilling and blasting works, and related aggregates production and transportation

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