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1 October 2008
2008 Annual Report
Chairman's Report
Dear Shareholder
I know that most of you are well aware of the company's progress and projects through the Quarterly Shareholder Updates and the Shareholder Briefings that we have held during the 2008 financial year.
We continued to be very active with our joint ventures and in addition spent considerable time and funds in expanding the operations and scope of our wholly owned subsidiary, Component Homes.
We have continued to pursue opportunities in the Middle East and have established some very important contacts which we believe will shortly produce positive results.
I truly believe that 2008/2009 will be the year that you as shareholders have patiently been waiting for and we as a board have been working hard to achieve.
A copy of the full article is now available for download by clicking on the below link. To save a copy to your computer, right-click the link and select "Save Target As . . ."
2008 Annual Report
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30 September 2008
MOU SIGNED FOR NEW MIDDLE EAST JOINT VENTURE
JV GLOBAL LIMITED is pleased to announce that it has entered into a Memorandum of Understanding with Mr Ali Rahma and Mr Jonathan Green both parties being residents in the United Arab Emirates with interests in the real estate sector within
A copy of the full article is now available for download by clicking on the below link. To save a copy to your computer, right-click the link and select "Save Target As . . ."
Mou Signed For New Middle East Joint Venture
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21 August 2008
Shareholder Update August 2008
A message from the Managing Director...
Welcome to the 7th edition of the JV Global Limited Shareholder update.
The past financial year has been a challenging one as we move to consolidate the company's joint venture operations and restructure the business focus of Component Homes.
A copy of the full article is now available for download by clicking on the below link. To save a copy to your computer, right-click the link and select "Save Target As . . ."
Shareholder Update August 2008
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11 August 2008
JV Global Appoints McKinnon To Board
JV Global Appoints McKinnon To Board
Managing Director of JV Global, Terence Opie, is pleased to announce the appointment of Mr Kenneth McKinnon as an executive director of JV Global Limited.
Mr McKinnon's appointment to the Board will provide substantial finance and planning expertise
A copy of the full article is now available for download by clicking on the below link. To save a copy to your computer, right-click the link and select "Save Target As . . ."
JV Global Appoints McKinnon To Board
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17 July 2008
Shareholder Briefing Presentation
Shareholder Briefing Presentation
Following the shareholders briefing that was held on Wednesday 16th July 2008, the presentation and audio webcast are now available for you to view / listen to.
Click on the link below which will take you to the audio webcast and will also show the whole presentation which you can view by clicking on the down arrows beside the document.
http://www.brr.com.au/event/47833/framework-in-place
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8 July 2008
Indian market challenges but WA steel in the frame
Article appearing on the Austrade website Australian Export Case Study
". . . Australian know-how and Indian building expertise have merged to provide inexpensive steel door frames for the domestic market in India.
Two years ago the ASX-listed, Perth-based steel building products manufacturer, JV Global Limited, entered into a joint venture with India's oldest construction company, the giant Shapoorji Pallonji Group, to manufacture steel door frames.
Production is now rolling out at Sharus Steel Products Pvt Ltd, the joint venture partner's 2.8 hectare manufacturing facility in Mumbai.
"The market for door frames in India alone is 100 million units within the next five years, and 80-90 million additional dwellings will be needed by 2015," said JV Global's Managing Director, Terry Opie . . . "
A copy of the full article is now available for download by clicking on the below link. To save a copy to your computer, right-click the link and select "Save Target As . . ." or by alternatively viewing on-line following this link http://www.austrade.gov.au/News/default.aspx
Indian market challenges
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1 July 2008
India Success Story - Dept of Industry and Resources Overseas Trade Office
Steeling a place in the Indian Market
"In 2006, local steel building products company, JV Global Ltd, entered into a joint venture with the Indian Construction giant the Shapoorji Pallonji Group, with assistance from our Indian Market specialists.
The joint venture enables Sharus Steel Products Pvt Ltd to use JV Global Ltd's roll-forming equipment and manufacturing expertise to produce steel door frames for the domestic Indian market . . . .
To capitalise on significant domestic demand for quality affordable housing, plans are also underway to manufacture light gauge steel roof trusses and frames, using JV Global Ltd's expertise and manfacturing technologies.
JV Gobal Ltd expressed its gratitude to the Western Australian Trade and Investment Office in India for its support and assistance during lengthy discussions in the lead up to the signing of the joint venture.
A copy of the full article is now available for download by clicking on the below link. To save a copy to your computer, right-click the link and select "Save Target As . . ."
India Success Story
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1 July 2008
Shareholder Briefing to be held on 16th July 2008
Shareholder Briefing
Mr Terry Opie, Managing Director, will provide an update to investors on JV Global Ltd's activities for FY 07/08 and plans for FY 08/09; with an emphasis on Component Homes in Australia, Arabian Profile Global Co. LLC in the UAE and Sharus Steel Products Pvt Ltd in India.
To register for this event, please contact Samantha at the JV Global Offices by phoning 9325 2700 or by email sam@jvglobal.com.au by Wednesday 9th July, 2008.
Where: Freshwater Bay Room Address:Plaza Level, The Hyatt Hotel, Adelaide Terrace, Perth When: Wednesday 16th July, 2008 Time: 3.00p.m. - 4.30p.m.
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2 May 2008
Issue of JV Global Limited Securities - Secondary Trading Notice Notification
On the 22nd of April 2008 JV Global Limited ("Company") issued a Convertible Note with a face value of $460,000 ("Securities"). Under the terms of the convertible note the debt may be converted to ordinary shares in the capital of the Company.
A copy of the full ASX announcement is now available for download by clicking the below link. To save a copy to your computer, right-click the link and select "Save Target As . . ."
Issue of JV Global Limited Securities
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2 May 2008
Appendix 4C - Quarterly Report
Appendix 4C (Quarterly report for entities admitted on the basis of commitment) is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . ."
Appendix 4C - Quarterly report
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22 April 2008
New MOU signed with Tuhama & Taameer in Jordan
"The Directors of JV Global Limited advise that a Memorandum of Understanding (MOU) has been entered into between TUHAMA INVESTMENTS PLC, TAAMEER HOLDING PLC and JV GLOBAL LIMITED (the "Parties"). The new MOU replaces a previous MOU between TUHAMA INVESTMENTS PLC and JV GLOBAL LIMITED as announced to the ASX on 4th February, 2008.
The MOU sets out the next steps in assessing the viability of steel framed housing in the Jordanian market following the recent erection of the steel framed display home in Amman, Jordan. Under the terms of the MOU Taameer Holdings PLC will complete a feasibility study of the proposed project by the second week of May 2008 and if the project meets the selection criteria and upon agreement of all related parties a new joint venture company will be incorporated in Jordan . . ."
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
New MOU signed with Tuhama and Taameer in Jordan
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18 April 2008
Update on Operations in the United Arab Emirates
"The Directors of JV Global Ltd are pleased to advise that it's United Arab Emirates joint venture company, Arabian Profile Global Co. LLC. (APG) is making steady progress towards production levels which will result in profits being achieved over the next twelve months.
The company has now completed the supply and installation of steel door frames in the new wing of the Ajman Hospital. APG has also secured a contract for the supply of steel door frames for Al Hadeef Contracting for two G + 15 storey residential tower blocks and a further contract for Intermass Engineering and Contracting for the supply of complete door sets (inc. Steel door frames and timber doors) for a G + 15 storey residential project. The total value of these two contracts is in excess of AED 1.25 million (AU $362,790).
APG has also made significant inroads into the rapidly growing local . . . ."
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Update on Operations in the United Arab Emirates
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7 April 2008
Opus Prime Stockbroking Update
JV Global Limited advises that it has been informed by Goldman Sachs JBWere that a small parcel of the Company's securities held by Opus Prime Stockbroking have now been sold on market.
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Opus Prime Stockbroking Update
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2 April 2008
Article appearing in "Contractor" Magazine - March 2008
Please find attached article from Contractor Magazine which features JV Global Limited - below is an excerpt from the article.
"Two years of hard slog in the booming Unite Arab Emirates are on the verge of paying off for steel building and construction products manufacturer JV Global. The Western Australian company, which also produces steel-framed houses and markets purpose-built roll forming steel production lines, now has factories operating in Sharjah (UAE) and Mumbai (India), and has built a groundbreaking steel-framed house in Jordan for evaluation.
As a result, JV Global, which listed on the Australian Stock Exchange in early 2005 and is capitalised at a little over $11 million, is cash flow positive with a maiden profit expected this financial year.
It is a much wiser managing director Terry Opie who reflects on his company's attempts to grab a little slice of one of the most rapidly expanding economic regions in the world." . . .
". . . JV Global's major joint venture partners include some of the biggest politically and financially influential companies in their respective regions. Its UAE operations are run by Arabian Profile Global Co, a J/V with Arabian Profile Co Ltd (54%), a subsidiary of GIBCA Ltd, initially producing low-cost steel door frames from its Sharjah production headquarters. The company chairman is Sheikh Sultan Bin Saqr Al Qassimi, co-founder and managing director of the diversified international industrial GIBCA Group, controlled by members of Sharjah's ruling family.
Arabian Profile Global has surpassed its break-even capacity of 10,000 frames a year and is in final tender negiotations on two contracts for 26,000 and 70,000 frames.
The company's new subcontractor role will be enhanced by the finalisation of an agreement with Australasian company Trafalgar Building Products for its fire doors, specifications for which are before civil defence authorities and the relevant UAE municipalities. Negotiations are also well advanced with Australian national CSR to establish a manufacturing facility for components of its Cemintel Urbanform wall pannelling system at Arabian Profile Global's Sharjah factory. . ."
". . . In India, Sharus Steel Products is J/V with one of India's biggest companies, the Shapoorji Pallonji Group (60%), initially producing steel door and window frames from the J/V's 2.8ha manufacturing facility in Mumbai for the Indian market and Shapoorji Pallonji's own projects. Future plans include further manufacturing facilities in Chennai, New Delhi, Bangalore, Hyderabad and Kolkata . . ."
". . . In Jordan, JV Global has a memorandum of understanding with Tuhama Investments, controlled by Jordan's wealthy Dahleh family, to establish a factory in Amman to produce light-gauge steel-framed housing and steel door frames. Tuhama is asssociated with Tameer Holdings, Jordan's largest public company and its biggest developer, which ordered a steel-framed display home from JV Global's Component Homes. Opie is proud of the fact that the two-storey house went up in 12 days, compared to over six weeks to build the traditional solid, security-conscious houses, and at about half the price . . ."
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Article appearing in "Contractor" Magazine
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18 March 2008
Article appearing in "National Building News"
Please find attached article from the National Building News which features JV Global Limited - below is an excerpt from the article.
"India needs a piping hot $500 billion of infrastructure in the next five years.
Only a third of that will come from the Indian government.
The rest will spring from the private sector and public-private partnerships.
And, according to Austrade, Australian businesses should be clamoring to add their own flavour to the giant Indian curry pot - which, incidentally, has been bubbling at an average rate of 9 per cent GDP for the past three years. At a recent series of nationwide seminars - fittingly called Riding the Elephant - Austrade discussed India's appeal for small to medium homegrown businesses and the cache of opportunities it holds.
"There is a definite opportunity for Australian businesses to be involved not only in public-private partnerships but also in subcontracting roles," says Michael Moignard, Austrade's New Delhi-based senior trade commissioner.
"It really comes down to what the product is. If it's a niche product that is innovate and competitively priced, there's certainly going to be a market in India."
The seminars also turned the spotlight on some remarkable success stories.
And Terry Opie's yarn is a grabber ! ! Mr. Opie who is managing director of Perth building products supplier JV Global, says he first looked to India in 1997 to expand his company's steel door projects.
An AC Neilson survey indicated a construction shortfall of 20 million homes each year and that 80 to 90 million additional dwellings are needed by 2015, he says.
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Article appearing in National Building News
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17 March 2008
Component Homes Website Update
Component Homes, JV Global Limited's wholly owned subsidiary steel framed building company has launched a new website: www.componenthomes.com.au
The new website showcases the array of products and services Component Homes offers to the building and construction sector, including:
- High quality custom and "off-the-plan" architecturally designed homes for the Owner Builder market; and
- Total Building Solutions to commercial building companies and individual clients
The total building solution is a new business stream for Component Homes. This service gives commercial builders and individual clients the option to have a Component Homes' team of experienced tradesmen erect homes to lock-up stage on site.
Key benefits to builders will be the ability to generate a greater turnover of homes built, while potential Owner Builders will be able to utilise Component Home's construction expertise to assist them to move into their home faster.
Please visit the new Component Homes website for further details:
www.componenthomes.com.au
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7 March 2008
Half Year Financial Report
JV Global Limited's Half Year Financial Report is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Half Year Financial Report
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22 February 2008
Article appearing in the WA Business News - Global focus on building works
Perth-based building products supplier, JV Global Ltd, is on track with its Indian joint venture with that country's oldest construction company, Shapoorji Pallonji & Co, to manufacture steel door frames.
The venture follows a similar agreement in the United Arab Emirates, while the company also is working with Jordanian company Tuhama Investments on the development of low-cost housing to provide 100,000 homes in Jordan over the next five years.
Listed on the Australian Securities Exchange since 2005, JV Global believes there are enormous opportunities in India, based on its large population, increasing middle class and rapid economic growth.
Managing Director Terry Opie said the company first looked to India in 1997 to expand its steel door projects.
"Globally there has been a shift from wood to steel and, as a result of logging restrictions, people are looking for alternative markets, which led us to beleive there were opportunities overseas," he said.
Mr Opie said an AC Neilson survey revealed a shortage of houses in India and a demand for building products.
"The survey indicated a construction shortfall of 20 million homes each year, and 80 to 90 million additional dwellings are needed by 2015," he said.
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Global focus on Building works - WA Business News
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19 February 2008
WA firms curry favour
Please see attached article from "The Sunday Times" published on the 17th February featuring JV Global Limited's Joint Venture with Shapoorji Pallonji & Co Ltd.
WA Firms Curry Favour More businesses are looking to India.
Austrade's New Delhi-based senior trade commissioner Michael Moignard said the rapidly growing country was providing opportunity for a wide variety of WA businesses to gain a foothold.
"India has been growing at an average rate of 9 per cent GDP for the past three years," he said.
"With this kind of dynamic growth, the subcontinent can support various types and sizes of WA businesses across all sectors.
Whether you're a boutique winery in Margaret River or a major supplier of mining technology, the opportunities are there for innovative companies serious about growing their business in India"
Perth-based JV Global recently entered into a joint venture with Indian construction company Shapoorji Pallonji and Co, and has established a factory near Mumbai to make steel door frames for the Indian market.
JV Global managing director Terry Opie said India could become a huge new market for the company.
"Research undertaken for us indicates that 80 to 90 million additional dwellings are needed by 2015," he said.
"The market for door frames alone is 100 million units in the next five years, and currently most manufacturing is done at a local level, using wood.
Our roll-formed steel door frames can be mass produced and deliver a high-quality product that's cheaper than wood. . ."
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
WA firms curry favour - The Sunday Times 17th February
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18 February 2008
Riding the Elephant: Doing Business with India Seminar
Riding the Elephant: Doing Business with India seminars are part of Austrade's Utsav Australia (Celebrate Australia) program to strengthen links between Australian and Indian businesses.
Austrade's New Delhi-based Senior Trade Commissioner, Michael Moignard, along with three successful WA-based exporters, will provide new information on market opportunities and discuss effective strategies for export success. Speakers include Richard Lipscombe (Director, Proteomics International), Terry Opie (Managing Director, JV Global) and Peter Thompson (Principal, Thompson Estate Wines).
| Event: |
Doing Business with India |
| Venue: |
Chamber of Commerce and Industry of WA 180 Hay St, East Perth, WA |
| Date & Time: |
Wednesday 20 February, 8.30am - 11.30am |
| Speakers: |
Michael Moignard (Austrade) Terry Opie (JV Global) Richard Lipscombe (Proteomics) Peter Thompson (Thompson Estate) | Perth-based JV Global, an ASX listed company recently entered into a joint venture with pioneering Indian construction company, Shapoorji Pallonji & Co. Ltd, and recently established a factory outside Mumbai to manufacture steel door frames for the Indian market.
Managing Director, Terry Opie said, "Our partnership with Shapoorji Pallonji is a merger of Australian manufacturing know-how with Indian building expertise that can potentially provide a solution to chronic housing needs in India. Research undertaken for us indicated that 80 to 90 million additional dwellings are needed by 2015"
"India is a considerable market for steel door frames. There is a construction shortfall of 20 million homes . . . ."
A copy of the media release is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As. . .")
Riding the Elephant - Doing Business with India
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4 February 2008
Display in Jordan a success
Further to our announcement of the 23rd October 2007, JV Global Limited is pleased to advise that steel framing for a three storey display home has been successfully erected in Jordan. JV Global supplied and erected the display home pursuant to an MOU with Tuhama Investments, which is a public company listed on the Jordanian Stock Exchange.
Tuhama Investments have expressed their delight with the speed of construction and quality of workmanship evident in the display home steel framing and have requested that representatives from JV Global travel to Jordan in the near future to negiotate taking this project to the next phase of development.
Escalating land prices coupled with higher material and labour costs mean that the average Jordanian can no longer afford a "traditionally built" Jordanian home . . . .
A copy of the full announcement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Display home in Jordan a Success
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31 January 2008
Quarterly Report - December 2007
JV Global Limited's Quarterly Report is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Quarterly Report
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15 January 2008
Construction World Article
Please see attached article from "Construction World" featuring JV Global Limited's Joint Venture with Arabian Profile Global Co LLC.
"Here's a company that's determined to grow the market for its product: Arabian Profile Global Co LLC. The company has been manufacturing steel door frames in the UAE for the past 15 months - during this time, it has met with hundreds of consultants, architects, developers and contractors to demonstrate the benefits of its product.
Jarrod Opie, Executive General Manager, Arabian Profile Global Co LLC, tells CW more about the company's product, plans and prospects . . .
A copy of the article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Construction World Article - December 2007
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22 November 2007
Sunday Times Article
JV Global has recently appeared in the Sunday Times (dated November 18th 2007) regarding "Hot Stocks"
JV Global has appeard as a Stock Recommendation.
A copy of the article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Sunday Times Newspaper Article
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22 November 2007
Update Letter To Shareholders
JV Global Limited has released an update letter to shareholders regarding Terry Opie and Ken McKinnon's recent trip to Sydney and Melbourne, visiting selected Stockbrokers and Fund Managers to update them on the Company's current and future activities . . .
A copy of the full update letter is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Update Letter to Shareholders
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9 November 2007
Investor Presentation
JV Global Limited's Investor Presentation
A copy of the full Investor Presentation is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Investor Presentation
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8 November 2007
Strategic Alliance with Trafalgar BP
The Directors of JV Global Limited are pleased to advise that their joint venture partner, Arabian Profile Global Co LLC (APG) have entered into an agreement with Trafalgar Building Products Pty Ltd, an Australian Company with offices and representation in all states, to distribute their range of fire rated products within the United Arab Emirates.
Trafalgar Building Products supply fire rated door sets, fire rated access panels, dangerous goods storage cabinets and fire cabinets to the building industry throughout Australia, New Zealand, Asia and the South Pacific.
This agreement marks a significant mileston for APG, enabling the company to tender on specifications for large scale projects requiring . . .
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
JV Global's new strategic alliance for UAE market
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7 November 2007
Production Started - Indian JV
JV Global Limited is pleased to announce Sharus Steel Products Pvt Ltd has commenced production of steel door frames at their new manufacturing facility in Mumbai on the 1st November, 2007.
Initial orders are now being manufactured with the first year's production forecast to reach 100,000 frames. Shapoorji Pallonji will be using steel door frames in all their projects, one being the construction of 20,000 homes in Kolkatta. An active sales and marketing campaign has commenced to ensure that maximum production capacity is achieved within the first twelve months of operation.
The joint venture partners initially purchased 7 acres of industrial land in Khopoli, 70kms from Mumbai adjacent to Bhushan Steel Limited, who will be supplying the raw material used in the production of steel door frames. A new "state of the art" factory complex of 2,000 m2 has been built to accomodate teh CNC roll forming machinery together with an administrative building, power and generation station and water storage facility. Ample land is available to facilitate expansion into other building products.
Sharus Steel Products Pvt Ltd is the joint venture company established by the Shapoorji Pallonji Group (60%) - www.shapoorji.com and JV Global Limited (40%) - www.jvglobal.com.au
Shapoorji Pallonji is the oldest construction company in India having executed its first building contract in 1865. They were the first Indian construction company to be awarded ISO certification and have offices throughout India together with international operations in the UAE, Oman, Mauritius, Khazistan and Afghanistan . . . . .
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As" . . .)
Indian Joint Venture - Commencement of Production
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23 October 2007
Jordan Delivery Commences
Further to our ASX announcement dated 25th September 2007 JV Global is pleased to announce that Component Homes (JVG 100%) has completed fabrication of the steel framed display home, reading for shipping to Amman Jordan.
The completion of the display home is an important milestone in the Company's entry into the rapidly expanding Jordanian building sector.
The design, detailing and manufacture of the steel framed display home was completed at the premises of Component Homes who also supplied the structual and load bearing supports which formed part of the total design package . . . .
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As" . . .)
JV Global commences Jordan delivery
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17 October 2007
Article from "The Bulletin Magazine"
Please find attached article from "The Bulletin - The Big Steel" on JV Global's current and up and coming ventures in the overseas market.
"An Australian company is sending its construction expertise overseas to supply much-needed cheaper housing".
"With the cost of putting a roof over ones head skyrocketing in recent years, housing affordability in Australia has become an emotive election issue. However, the problem is not just a local one. A Perth-based engineering company has secured powerful backing to help it provide cheaper homes in the Middle East and Asia.
While JV Global is a minnow - its sharemarket capitalization is just $11m - it has partnered with Tuhama Investment, controlled by Jordan's wealthy Dahleh family, in a joint venture to pioneer the construction of steel-framed dwellings in countries requiring cheaper housing . . ."
A copy of the full article is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As" . . .)
"The Big Steel" article in The Bulletin
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28 September 2007
2007 Annual Report
JV Global Limited's 2007 Annual Report is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
2007 Annual Report
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25 September 2007
JV Global Limited to Pioneer Steel Framed Residential Housing in Jordan
Further to our previous announcement dated the 2nd May, 2007, JV Global Limited is pleased to advise that an amended MOU has been signed in Amman, Jordan, between Tuhama Investments and JV Global Limited.
The MOU was signed by Mohammed Dahleh, Managing Director of Tuhama Investments, a Public Company listed on the Amman Stock Exchange and Terry Opie, Managing Director of JV Global Limited in the presence of Victoria Young, First Secretary, Australian Embassy, Department of Foreign Affairs and Trade, Amman, Jordan, and Hania Ghannoum, Business Development Manager, Australian Trade Commission, Amman, Jordan.
The amended MOU has been executed by Tuhama Investments with all terms and conditions in accordance with the previously signed MOU executed by Qabas Financial Investments which is a wholly owned subsidiary of Tuhama Investments.
Under the terms and conditions of the MOU, JV Global Limited is to . . .
A copy of the full ASX announcement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As. . .")
JV Global Limited to Pioneer Steel Framed Residential Housing in Jordan
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11 September 2007
Shareholder Briefing 17 August 2007
JV Global Limited's Shareholder Briefing is now available for download (Please note, the file is a PDF document that is 8.05mb in size, we have split the presentation into two parts to make it easier to download (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Shareholder Briefing (Part One)
Shareholder Briefing (Part Two)
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31 August 2007
Appendix 4E - (Preliminary Final Report 2007)
Appendix 4E (Preliminary Final Report 2007) is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Appendix 4E
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16 August 2007
Mr. Peter Kailis joins JVG's Board
JV Global Limited is pleased to annouce the appointment of Mr. Peter George Kailis as a non-executive director.
Mr. Kailis has enjoyed a long and highly successful business career and is well known within the Australian business community. Highlights of his business career include establishing:
- Red Rooster Pty Ltd;
- Coldale Constructions Pty Ltd;
- Perth Fibre Box Pty Ltd;
- Consolidated Pine Industries Pty Ltd; and
- Kailis Organic Olive Groves Limited, the world's largest organic certified extra virgin olive oil producer.
Mr Kailis is a substantial shareholder in JV Global Limited and has held a . . . . . .
A copy of the full ASX Annoucement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
Mr. Peter Kailis joins JVG's Board
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1 August 2007
Appendix 4C - (Quarterly report for entities admitted on the basis of commitment)
Appendix 4C (Quarterly report for entities admitted on the basis of commitment) is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Appendix 4C
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30 July 2007
July 2007 - Shareholder Update
A copy of the JV Global Limited, July Shareholder Update is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
JV Global Limited - Shareholder Update July 2007
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20 July 2007
2007 - General Meeting of Shareholders
Details of the General Meeting of the Members / Shareholders of JV GLOBAL LIMITED are detailed below:-
DATE Friday 17th August 2007
TIME 10.00-10.30 am
VENUE Mosman Bay Room The Hyatt Centre 87 Adelaide Terrace Perth WA 6000
A copy of the notice is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As ...")
Notice of General Meeting
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15 June 2007
Component Homes Delivers
JV Global Limited are pleased to announce Component Homes's transition to new ownership is complete and the Company's aspirations in making the acquistion are being met.
Since acquiring Component Homes in late April 2007 we have sold and manufactured 5 steel framed homes and our order book has grown to over $2,100,000.
The homes were manufactured utilizing the newly installed combination of computerized CAD drafting and CNC steel roll forming .....
A copy of the full ASX Annoucement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
Component Homes Delivers
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2 May 2007
Steel Framed Housing Project in Jordan
JV Global Limited are pleased to announce that they have signed a Memorandum of Understanding to establish a factory in Amman, Jordan to produce steel framed housing.
Important features of the MOU include:
- Project partner is a subsidary of one of Jordan's largest corporations;
- Our partner's group is linked to the development of 16,000 residential units in Jordan;
- Work has commenced on a villa unit for market testing.
The MOU has been signed with Al Qabas Financial Investments, a subsidiary of Tuhama PLC, which is a Public Company listed on the Amman Stock Exchanged and is in the process of listing on the Dubai Stock Exchange and the London's AIM's market.
The Company is controlled by the Dahleh family, one the richest families in Jordan .....
A copy of the full ASX Annoucement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
JV Global's Memorandum of Understanding with Al Qabas Financial Investments
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27 April 2007
NASH Appoints Hutson to WA Chairperson
Keith Hutson has been elected Chairperson for the WA Chaper of the National Association of Steel-framed Housing (NASH).
With over 30 years experience across steel production and the construction industry, Mr. Hutson currently holds the position of Technical / Operations Manager at JV Global Limited - a world leader in manufacturing roll-formed steel building products.
Mr Hutson's career began as a qualified metal tradesman and he progressed to become State Manager at Binder Engineering, Generaly Manager of PT. Binder Indonesia and Sales Manager at Roofmart WA.
As Chairperson for the NASH WA Chapter, Mr. Hutson will focus on supporting the long term growth and development of the steel frame industry in Western Australia.
"I am deeply passionate about the steel frame industry not only in this state but across the globe," said Mr. Hutson.
"I look forward to channeling that energy into my new Chairperson role as I continue to promote the advantages of steel in the national and international marketplace," he concluded.
NASH President Will Osmo is delighted with Mr. Hutson's appointment and believes he will .....
A copy of the full ASX Annoucement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
NASH appoints Hutson to WA Chairperson
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27 April 2007
West Australian & WA Business News Articles
JV Global Limited's Keith Hutson has been elected WA Chairperson for the National Association of Steel-framed Housing (NASH).
A copy of the articles that appeared in The West Australian & The WA Business News are now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As . . .")
The West Australian Article - Movers & Shakers
The WA Business News Article - New NASH Chairman
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27 April 2007
Appendix 4C - (Quarterly report for entities admitted on the basis of commitment)
Appendix 4C (Quarterly report for entities admitted on the basis of commitment) is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Appendix 4C
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26 April 2007
Acquistion of Component Homes Completed
Further to the announcement of the 22nd March 2007, the Company is delighted to announce that the acquistion of Component Homes has now been completed.
The first of our new generation computer controlled roll formers will arrive at our Landsdale based factory in two weeks, with commercial production commencing in May 2007. The combination of Component Homes 20 years experience together with JV Global's leading edge computer controlled roll forming equipment will result in productivity gains in excess of 400% over Component Home's traditional manufacturing methods.
Component Homes currently has orders for over $1.4 million of steel framed housing, ensuring a strong start to our expansion campaign. In addition to the traditional customer base . . . . .
A copy of the full ASX Annoucement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
Acquistion of Component Homes Completed
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26 April 2007
Appendix 3B (New Issue Announcement, application for quotation of additional securities ..)
Appendix 3B (New Issue Announcement, application for quotation of additional securities and agreement) is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Appendix 3B
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23 April 2007
Change of Director's Interest Notice 4
Change of Director's Interest are now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Change of Director's Interest
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18 April 2007
Change of Director's Interest Notice 3
Change of Director's Interest are now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Change of Director's Interest
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17 April 2007
Change of Director's Interests Notice 2
Change of Director's Interest are now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Change of Director's Interest
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16 April 2007
Change of Director's Interest Notice 1
Change of Director's Interest are now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Change of Director's Interest
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22 March 2007
Component Homes Acquisition
The Directors of JV Global Limited are delighted to today announce the acquisition of Component Homes.
Component Homes provides the JV Global Group with over 20 years of experience in the manufacture of steel framed buildings.
Based in Lansdale, Western Australia, the business will provide a local point of presence in the Australian marketplace. Component Homes will also serve as a "Best Practice" training facility for staff and management of current joint ventures and new ventures from around the world.
Steel framed buildings have surged in popularity over recent years due to rapid construction times, cost advantages and sustainability. Over the past 20 years Component Homes has developed a loyal following in the rural building market place.
In addition to these traditional customers the Western Australian mining industry has become large scale consumers of steel framed buildings. The rapid and sustained development of mineral resources has lead to a sever lack of housing in remote areas. The rural and remote mining areas will form a significant market for Component Homes.
A copy of the full ASX Annoucement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
ASX Annoucement - Component Homes Acquisition
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6 March 2007
Half Year Report
JV Global Limited's Half Year Report is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . .")
Half Year Report
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15 February 2007
Capital Raising Complete
As annouced to the ASX on 14th February, 2007 - JV Global Limited is please to annouce that the company has sucessfully completed a capital raising of AUD$2,185,500 via the issue of 10,927,500 fully paid shares and 5,463,750 options.
Options are exercisable anytime up to and including 15th day of October, 2008 upon the payment of 20c each.
Full details are available for viewing hereunder:-
To save a copy to your computer, right-click the link and select "Save Target As . . ."
Appendix 3B - JV Global Limited Capital Raising
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1 February 2007
JV Global Limited's Quarterly Report
JV Global Limited's December Quarter Cash Flow Report is now available for download by clicking the below link (To save a copy to your computer, right-click the link and select "Save Target As . . ."
December Quarter Cash Flow Report
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19 January 2007
Results of General Meeting Resolutions
Details of the results of the JV Global Limiteds General Meeting Resolutions are now available for download by clicking the following link.
To save a copy to your computer, right-click the link and select "Save Target As . . ."
Results of General Meeting Resolutions
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16 January 2007
ASX Announcement - Release of Securities from Restriction
A copy of JV Global Limited's latest ASX Announcement is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
ASX Announcement - Release of Securities from Restriction
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8 January 2007
January 2007 - Notice of General Meeting
Details of the General Meeting of the Members of JV Global Limited are now available for download by clicking the following link.
(To save a copy to your computer, right-click the link and select "Save Target As . . .")
Notice of General Meeting
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12 December 2006
RM Capital - Research Report
A Research Report prepared by RM Research Pty Ltd has today been released to the public. A copy of the report can be downloaded by clicking the following link :-
(To save a copy to your computer, right-click the link and select "Save Target As...")
RM Research - JV Global Research Report
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11 December 2006
ANZA UAE - News Article
A copy of a recent article on JV Global Limited has been published in the Anzar Akhbar and is now available for download by clicking the below link.
(To save a copy to your computer, right-click the link and select "Save Target As...")
Recent article published in the Anza Akhbar
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6 December 2006
2006 - AGM Presentation
A copy of the JV Global Limited, Annual General Meeting Presentation is now available for download by clicking the below link.
(To save a copy to your computer, right-click the link and select "Save Target As ...")
JV Global Annual General Meeting Presentation
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24 November 2006
2006 - Annual General Meeting
Details of the Annual General Meeting of the Members of JV GLOBAL LIMITED are detailed below:-
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Monday, 27th November 2006. |
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10.00am |
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Freshwater Bay Room The Hyatt Centre 87 Adelaide Terrace, Perth WA 6000 |
All Shareholders are invited to attend. Tea / Coffee & Light Refreshments will be provided.
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16 November 2006
ASX Annoucement - Proposed Placement
JV Global Limited ("JVG" or "the Company") announces that the Company proposes to raise $2,500,000 (before expenses of the Offer) through the issue of ordinary shares ("Shares") and options (ex 20 cents, expiring 31st October 2008) ("Options"), as set out below.
Funds from the Offer will provide working capital and funds to further develop operations in United Arab Emirates and India. The Company has entered into an agreement with RM Capital Pty Ltd (AFSL 221938) to manage this Offer to sophisticated investors pursuant to s708 of the Corporations Act (Cth) 2001.
The Full Annoucement is available for download below. (To save a copy to your computer, right-click the link and select "Save Target As...")
JV Global Limited - Proposed Placement
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19 October 2006
October 2006 - Shareholder Update
A copy of the JV Global Limited, October Shareholder Update is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
JV Global Limited - Shareholder Update October 2006 (Approx.1620kb)
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18 July 2006
Preliminary Understanding Agreement - Teyseer Trading and Contracting CO W.L.L.
JV GLOBAL LIMITED are pleased to announce the signing of a Preliminary Understanding Agreement with Teyser Trading and Contracting Co W.L.L. regarding the establishment of a steel door and window frame production facility in Doha, QATAR. Teyseer Trading and Contracting Co. W.L.L is a wholly owned subsidiary of the TEYSEER GROUP (http://www.teyseergroup.com/).
The TEYSEER GROUP was founded in 1969 by the current Chairman, Mr Abdul Rahman Al Mannai and is a diversified industrial group with 15 wholly owned subsidiaries with interests in Contracting, Building Materials, Motor Vehicle Dealerships, Air Conditioning and Refrigeration, Plant Hire, Information Technology, Industrial Supplies and Services, Engineering and Fibre Glass Plants. The Group are also the exclusive agents for Exxon Mobil (Esso and Mobil) in QATAR.
The Preliminary Understanding Agreement remains current for six months, during which time a full feasibility and marketing study will be prepared. Based upon a positive outcome of the study and mutual agreement between the parties further negotiations will be undertaken in respect to the establishment of a joint venture or turnkey project to facilitate the establishment of a factory in Doha, QATAR.
Ken McKinnon Company Secretary
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23 June 2006
Shareholder Briefing
JV Global Limited's Managing Director, Mr Terry Opie has returned from the United Arab Emirates in order to present to shareholders an update in relation to the company's activities with an emphasis on Arabian Profile Global Co. LLC in the UAE and Sharus Steel Products Pvt Ltd in India.
This presentation is available for download here. (To save a copy to your computer, right-click the link and select "Save Target As...")
JV Global Limited - Shareholder Briefing - (Approx. 3.85Mb)
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1 June 2006
May 2006 - Shareholder Update
A copy of the JV Global Limited, May Shareholder Update is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
JV Global Limited - Shareholder Update May 2006 (860kb)
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25 May 2006
AC Nielsen Maket Survey - India
Sharus Steel Products Pvt Ltd
Further to our previous announcements, JV Global Limited advises that the market survey commissioned by AC Nielsen India has been completed and the results are most encouraging.
Highlights include:-
- The all India Market for door frames is estimated to be in excess of US$900 Million pa.
- Given the decline in domestic production of industrial timber and the growing demand for wood products, India would appear to represent an enormous potential market for alternate products for doorframes market.
- The Tenth Five-Year Plan estimated a shortage of 22.4 million dwellings. Thus, over the next 10 to 15 years, 80 to 90 million dwellings will have to be constructed with a majority of them catering to middle and lower income groups. The investment required for constructing the houses and related infrastructure in this period would, thus, be to the order of US$666 billion at roughly US$33 billion to US$44 billion per year.
- There exists an opportunity for supply of Galvanized steel doorframes in Indian real estate market
- Large customer base in urban construction industry
- Sizeable market
- Healthy growth in user market
- Good future demand
- Favourable government policies
The AC Nielsen Report has determined that the EXISTING market for steel door frames is already approx US$8.8 Million per year. This is less than 1% of the total market. This means that there is significant opportunity and scope for Sharus Steel products to grow the market share for steel door frames.
ASX / Media Annoucement - AC Nielsen Market Survey Report - India
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10 April 2006
India Joint Venture Agreement Signed - ASX Annoucement
JV Global Limited is delighted to announce that JV Global (Australia) Pty Ltd, a wholly owned subsidiary, has today signed the FORMAL JOINT VENTURE AGREEMENT with the Shapoorji Pallonji Group (www.shapoorji.com).
The previously announced negotiations with the Shapoorji Pallonji Group were successfully concluded with JV Global (Australia) Pty Ltd acquiring a 40% shareholding in Sharus Steel Products Pvt Ltd, with the Shapoorji Pallonji Group (www.shapoorji.com) holding the remaining 60%.
Sharus Steel Products Pvt Ltd will produce a wide and varied range of steel building products with the initial facility in Mumbai producing Steel Door and Window Frames. A significant proportion of the steel door and window frames will be utilised by Shapoorji Pallonji in their own projects. One such project is the construction of 20,000 houses, which would utilise the annual production of one shift of the manufacturing plant. Future expansion plans include manufacturing facilities in Chennai, Delhi, Bangalore, Hyderabad and Kolkata.
The Sharus Steel Products Pvt Ltd joint venture in India is JV Global Limited’s second joint venture, the other being the Arabian Profile Global LLC joint venture in the United Arab Emirates. With ongoing discussions in China, JV Global Limited is well placed to achieve its stated five year goal. That
is, to have three joint ventures with substantial joint venture partners who are market leaders, well established, financially sound and currently involved in the building and construction industry.
As announced on the 20th March 2006, production has now commenced in the Arabian Profile Global LLC facility. The United Arab Emirates is a major growth economy, fuelled by high oil prices and a major building and construction boom with major developments being announced on a regular basis. Being a member of the GCC countries and part of the wider MENA region future growth and exports seem assured.
China and India being the two most populous countries in the world are both experiencing record growth rates coupled with major growth in the building and construction industry. The Directors of JV Global Limited believe that the Company is now well placed to be part of this global building and construction boom.
ASX & Media Annoucement - Sharus Steel Products - (Approx. 138kb)
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30 March 2006
Sharus Steel Products - ASX Annoucement
JV Global Limited (JVG) is pleased to advise that the CEO of Sharus Steel Products Pvt Ltd (Sharus) and his Chief Engineer have visited the Sharjah factory of our joint venture company, Arabian Profile Global Co. LLC (APG) to inspect the commissioning of the roll forming production line and production facilities.
The purpose of the visit was to familiarise the executives of Sharus of the preparation and requirements that need to be addressed prior to the establishment of a production facility in Mumbai, India in accordance with the Memorandum of Understanding signed between Sharus and JVG on the 17th January, 2006.
Subsequent to their visit, Sharus have placed an order with APG to manufacture a range of sample frames to establish a display centre in Mumbai. The display centre will enable the commencment of an initial sales and marketing campaign, prior to the delivery of the production line later this year. APG will also supply frames on an on-going basis to Sharus to fulfil any orders prior to the commencement of the production facility in Mumbai.
The final joint venture agreement in now being reviewed by the solicitors for both parties and it is anticipated that the formal joint venture document will be signed in early April, 2006.
Sharus Steel Products - ASX & Media Annoucement - (Approx. 100kb)
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28 March 2006
Arabian Profile Global Co. - Photo Gallery
As announced to the ASX on 21st March 2006, the installation and commissioning of the CNC roll-forming production line to produce steel door and window frames has been completed at the premises of Arabian Profile Global LLC in Sharjah, United Arab Emirates.
Below are some photographs of the commissioning and start-up of production at our premises.
(Click Images to Enlarge)
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1. Unloading machine |
2. Ready for assembly |
3. Set up & ready to go! |
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4. Machine startup |
5. First sections |
6. Wire tie machine |
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7. Spreader bar machine |
8. Assembly jigs |
9. Production underway! |
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10. Making lock pockets |
11. Spot welding lock pockets |
12. Frame assembly |
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13. Finished product |
14. Finished Product |
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27 March 2006
China Negotiations
The Company announces that it has signed a Memorandum of Understanding (MOU) with Shanghai BaoChen Steel Construction Door & Window Co. Ltd (SBC) for the furtherance of joint venture negotiations.
The MOU expands upon an earlier agreement announced to ASX on 13th September 2005.
Full ASX Announcement in PDF format (102kb)
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21 March 2006
UAE Production Commences
JV Global Limited is pleased to announce that the installation and commissioning of the CNC roll-forming production line to produce steel door and window frames has been completed at the premises of Arabian Profile Global LLC in Sharjah, United Arab Emirates.
Initial production will focus on the United Arab Emirates booming building and construction industry, prinicipally in Dubai, Abu Dhabi and Sharjah and progressively extend to the other emirates and GCC countries.
Arabian Profile Global LLC is the joint venture company between Arabian Profile Co Ltd (54%), a subsidiary of the GIBCA Group (http://www.gibca.com/), a private diversified investment company controlled by members of the Ruling Family in Sharjah and JV Global Limited (46%).
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9 February 2006
January Shareholder Update
A copy of the JV Global Limited, January Shareholder Update is now available for download by clicking the below link. (To save a copy to your computer, right-click the link and select "Save Target As...")
JV Global Limited - January Shareholder Update (482kb)
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20 January 2006
Sharus Steel Products - Joint Venture India
Further to our previous ASX announcement dated 15 November 2005, the Directors of JV Global Limited are delighted to announce that a Memorandum of Understanding has been signed by JV Global (Australia) Pty Ltd, a wholly owned subsidiary of JV Global Limited to acquire a 40% shareholding in Sharus Steel Products Pvt Ltd.
Sharus Steel Products Pvt Ltd will be the joint venture company, between JV Global (Australia) Pty Ltd & the Shapoorji Pallonji Group (www.shapoorji.com) who will hold a 60% interest. Shapoorji Pallonji is one of the premier companies in India, having executed its first contract in 1865. Shapoorji Pallonji was the first Indian Construction company to acquire ISO-9001 Certification. It has diversified interests in Construction, IT, Healthcare, Pharmaceuticals, Water Treatment, Power, Industrial, Infrastructure & Transport.
Shapoorji is currently constructing the tallest residential towers in India. These Twin Towers will each be 60 storeys high on completion. They have also completed construction projects such as The Reserve Bank of India, The Taj Mahal Gateway Hotel, The Taj Intercontinental and Oberoi Towers Hotel, Mumbai, The World Trade Centre, Mumbai, Bank of India Mumbai, Citibank Mumbai, Indira Gandhi International Airport, New Delhi, the Palace for His Majesty the Sultan of Oman, Muscat and many other prestigious projects.
Their client list includes such names as Shell, Coca-Cola, BMW, General Electric (GE), LG, Price Waterhouse, Siemens, TATA, Volvo, Dell and Citibank to name just a few.
Shapoorji Pallonji is owned by the Mistry Family, who is the largest private shareholder of TATA SONS LIMITED, the holding company for the TATA GROUP, whose annual turnover is in excess of US$15 Billion.
CLICK HERE for full ASX Annoucement in PDF Format.
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