US $375 Million in Funding for Dong Nai 3 and Dong Nai 4 Hydropower Complex Completed
Vietcombank, Techcombank, BIDV and Agribank Sign Agreement With Electricity of Vietnam (EVN) to Provide Construction Financing
LOS ANGELES, CA and HANOI, VIETNAM–(MARKET WIRE)–Aug 4, 2006 — Cavico Corporation (Other OTC:CVCP.PK – News), a Vietnamese company working in the fields of infrastructure development, including the construction of hydropower facilities, dams, bridges, roads, mines and urban buildings throughout Vietnam and the Pacific Rim, announced today that four state owned commercial banks will provide approximately VND 6 trillion (US $375 million) to fund the Dong Nai 3 and 4 hydropower complex. Cavico was appointed by the Prime Minister (Vietnam) under regulation 797, 400, to be the contractor for tunnel works construction on both of these Hydropower Projects. Cavico estimates the value of the contract for Dong Nai 3 to be approximately US $12 million and Dong Nai 4 approximately US $26 million.
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Mobile Ready Entertainment Corporation (OTC: MBRN)
Mobile Ready Entertainment Announces Development of MBRN Labs
Key Mobile Technology Group Formed
STROUDSBURG, PA–(MARKET WIRE)–Aug 4, 2006 — Mobile Ready Entertainment Corp. (Other OTC:MBRN.PK – News), a holding company of intelligent services, announced that Mobile Ready is launching the MBRN Labs Group. The MBRN Labs are designed to be the wellsprings of innovative technology that goes into all our products. We have organized our labs into discrete Centers of Excellence in key research areas. Each Center of Excellence has brought together some of the brightest minds in their fields to work collaboratively on applied research crucial to the advancement of MBRN’s business foundation. Our pipeline is growing, and our applied research is moving into exciting new areas, and into capabilities once thought unattainable.
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http://stockguru.com/profiles/mbrn/news.php
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