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3 September 2009
Ammended Share Issue Appendix 3B

Further to JV Global Limited's ("the Company") announcement on 14 August 2009 regarding the issue of 124,650,000 ordinary shares pursuant to the prospectus dated 2 July 2009 the Company now advises that the number issued has been revised down to 122,850,000.

As a result of this ammendement the total number of fully paid ordinary shares will now be....

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...")

 ASX Announcement - Ammended Share Issue Appendix 3B


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3 September 2009
Share & Option Issue

JV Global Limited announces the issue of 10 million shares and 5 million unlisted options. These issues are in relation to the recent Prospectus Offer dated 2 July 2009 and were approved at the share holders meeting on 3 July 2009.

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...")

 ASX Announcement - Share & Option Issue


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3 September 2009
2009 Full Year Result & Preliminary Final Report 2009

Appendix 4E

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...")

 ASX Announcement - Appendix 4E


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3 September 2009
Quick Build Alliance

The Directors of JV Global Limited wish to advise that the company has entered into an Exclusive Strategic Partnership Alliance with Quick Build Construction UK Limited (Quick Build) to act as the Australian Representative for their business activities in the Middle East and North Africa (MENA) Region.

Quick Build currently has offices in the United Kingdom and the United Arab Emirates and are in the process of establishing an office in Jeddah, Saudi Arabia to take advantage of the considerable opportunities that exist in the building and construction industry.

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...")

 ASX Announcement - Quick Build Alliance

 


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14 August 2009
Completion of Capital Raising

JV Global Limited (ASX: JVG; "JV Global" or the "Company") is pleased to announce the completion of its $1.25 million capital raising.

The Company has today completed the issue of 124,650,000 ordinary shares pursuant to the prospectus dated 2 July 2009.

The offer was oversubscribed by 17 million shares and the Directors have agreed to complete the placement of these additional ordinary shares to sophisticated investors at 0.1 cents per share.  This raises an additional $170,000 and was handled through Zurich Securities Pty Ltd, the lead manager to the Capital Raising.

A copy of the 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 - Completion of Capital Raising


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11 August 2009
Prospectus Closed Oversubscribed

JV Global Limited (ASX: JVG; “JV Global” or the “Company”) is pleased to announce the successful completion of its $1,250,000 capital raising pursuant to the Prospectus offer dated 2 July 2009.

The offer has closed oversubscribed and the Board is now finalising the list of applications in conjunction with the Lead manager, Zurich Securities Pty Ltd.

The Board is also considering the option of completing an additional placement for the oversubscribed applications and will make a further announcement regarding the final issue as soon as possible.

A copy of the 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 - Prospectus Closed Oversubscribed


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3 August 2009
Prospectus Offer Extended

JV Global Limited is pleased to annouce that due to a surge of interest in the prospectus offer, annouced on July 2, 2009, late last week, the Board of JVG have resolved to extend the Offer until next Monday 10th August, 2009.

This extension will enable the numerous parties time to lodge their application and deposit funds. The applications received to date are well in excess of the minimum acceptance limit and the maximum acceptance level under the propectus has nearly been acheived.

The board will make every effort to ensure that all applications received on or prior to Monday 10th August are treated favourably.

A copy of the 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 - Prospectus Offer Extended


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28 July 2009
Change of Address

The company advises that the office, principal place of business and the postal address are now as follows:-

Office Location & Principal Place of Business
Unit 33, 9 Vision Street
Wangara WA 6065
AUSTRALIA

Telephone: +618 9309 1544
Fax:            +618 9309 1540

Postal Address
PO Box 1466
Wangara WA 6947
AUSTRALIA

The registered Office will remain at:-

Burns & Baker Accountants Pty Ltd
Suite 5, Level 1
23 Richardson Street
SOUTH PERTH WA 6151


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20 July 2009
Capital Raising Minimum Exceeded

JV Global Limited is pleased to annouce that mimimum subscription for the current capital raising has already been exceeded. The prospectus offer is due to close on 3 August 2009 and with the minimum subscription already acheived the Directots expect to close the offer on or around this date.

A copy of the 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 - Capital Raising Update


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2 July 2009
JVG - Prospectus July 2009

BEFORE DOWNLOADING, PRINTING OR VIEWING THE PROSPECTUS, YOU MUST CAREFULLY READ THE TERMS SET OUT IN THIS NOTICE.

 

The Prospectus is an important document that should be read in its entirety. If you have any doubts as to how to deal with it, you should consult your legal, financial or other professional adviser. By accessing the Prospectus (by clicking on the link below) you acknowledge that you have read and accept the terms set out in this notice.

 

JV Global Limited ("Company") lodged the Prospectus on 1 July 2009 with the Australian Securities and Investment Commission ("ASIC") for an offer of up to 125,000,000 ordinary fully paid shares ("New Shares") to raise approximately $1,250,000 ("Offer"). Neither ASIC nor ASX, nor any of their officers, take any responsibility for the contents of the Prospectus.

 

If you are accessing an electronic copy of the Prospectus, please ensure that you have received the entire Prospectus accompanied by the relevant Application Form.  If you have not, please contact the Company and the Company will send you, for free, either a hard copy or a further electronic copy of the Prospectus or both.

 

The offer constituted by an electronic version of the Prospectus is only available to persons receiving an electronic version of the Prospectus within Australia.  The Prospectus does not constitute an offer in any place in which, or to any person to whom, it would not be lawful to make such an offer.  There is no facility for Applications to be accepted electronically or by applying online.  The Corporations Act prohibits any person from passing on to another person the Application Form unless it is attached to or accompanied by a complete and unaltered version of the Prospectus.  The Company will not accept a completed Application Form if it has reason to believe that the Applicant has not received a complete and unaltered copy of the Prospectus.  Any person may obtain a hard copy of the Prospectus by contacting the Company prior to the Closing Date.

 

No person is authorised to give any information or to make any representation in relation to the Offer which is not contained in the Prospectus and any such information may not be relied upon as having been authorised by the Directors.  Zurich Securities Pty Ltd is the lead manager and corporate adviser to the Offer.  Neither Zurich Securities Pty Ltd nor any of its officers accept any liability or responsibility in respect of the Prospectus or the Offer.

 

.JV Global Limited - Prospectus July 2009 (220Kb)


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25 May 2009
Cervantes and Zurich provide Expansion Support

Cervantes Corporation Ltd (Cervantes) (ASX:CVS) and Zurich Securities Pty Ltd (Zurich Securities) a Perth based securities dealer (AFSL 317392) have agreed to jointly provide short term funding and capital raising support for a $1.25m@ 1c share placement for the expansion of the 100% owned subsidiary of JV Global Ltd (JV Global) (ASX:JVG) "Component Homes" and for additional working capital.

Zurich Securities have been granted an exclusive Mandate from JV Global to lead manage the placement of the shares.

Component Homes is one of Western Australia's largest, active and well regarded producers of steel framed housing, mostly in kit form, for the rural, regional and mining areas, for construction by owner builders or building contractors. They produce an extensive array of designs of rural and farming homes, resort and village accommodation as well as mining staff accommodation, certified for both cyclone and flood prone areas and resistant to rust, warping and white ants and designed with energy efficient and environmentally friendly benefits. www.componenthomes.com.au

Component Homes Annual sales increased by approximately 60% post acquisition by JV Global from 2007 to 2008 and have increased a further 50% from 2008 for the first 10 months of this financial year according to management of Component Homes.

JV Global has a blue chip list of major shareholders such as S J Hwang, a Singaporean businessman and property developer, Peter Kailis of Kailis Consolidated Pty Ltd, a Sheikh from the United Arab Emirates and a high ranking Banker in Perth, whom have also pledged their support for the capital raising and expansion plans.

Component Homes has been approached by a number of large building firms who have won contracts and or are tendering on large future contracts in WA to supply their high quality and unique steel framing.

Enquiries consistently come in from overseas for "Turn Key" assistance in setting up operations overseas and or potential building contracts. This has lead to the requirement for increased working capital for expansion.

Under the agreement, Cervantes and JV Global shareholders will be granted priority to the placement and then active clients of Zurich Securities, shareholders of Baraka Petroleum Ltd (ASX:BKP) and others.

Letters containing details of the offer and prospectuses will be provided to all Cervantes and JV Global shareholders and to any parties who register an interest.

Interested parties should contact Zurich Securities on 61 8 9363 1700 or info@zurichsecurities.com.au


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4 May 2009
New Company Secretary Appointed

JV Global Limited (ASX: JVG) is pleased to annouce the appointment of Mr. James Moran as Interim Company Secretary with immdeiate effect.

Mr Moran holds a Bachelor of Business degree and is a qualified CPA, Fellow of the Institute of Chartered Secretaries and has a Diploma with the Australian Institute of Company Directors. He has over 25 years experience working in Australia and overseas in Ghana, Mongolia, China and New Zealand.


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8 July 2008
Austrade Article - 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 - 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 Global 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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2 April 2008
News Article - Contractor Magazine

"Two years of hard slog in the booming United 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."

". . . 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
News Article - National Building News

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.

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.

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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22 February 2008
News Article - WA Business News

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
News Article - The Sunday Times

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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15 January 2008
News Article - Construction World Middle East

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  opy to your computer, right-click the link and select "Save Target As . . .")

 Construction World Article - December 2007


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22 November 2007
News Article - The Sunday Times

JV Global Limited has appeared as a "HOT" Stock Recommendation in the Sunday Times dated November 18, 2007. 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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7 November 2007
Sharus Steel Starts Production

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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17 October 2007
News Article - The Bulletin Magazine

"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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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.

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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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 Chapter 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.

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
News Articles - The West Australian & WA Business

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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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.

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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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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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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25 May 2006
AC Nielsen Maket Survey - India

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

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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20 January 2006
Sharus Steel Products

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.

 Sharus Steel Products


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