Cavico Corporation (OTC: CVCP) Cavico Subsidiary Sells 5% Stake to Hanoi Building Bank in Preparation for Domestic Listing on the Vietnamese Stock Exchange LOS ANGELES, CA, and HANOI, VIETNAM–(MARKET WIRE)–Sep 28, 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 its Cavico Mining subsidiary, which is 50 percent owned by Cavico Corporation, sold a 5% stake to Hanoi Building Bank. The bank paid face value of 1.55 billion dong ($96,660) for the stake. The firm has a registered capital value of $1.94 million. Read full release here: http://stockguru.com/profiles/cvcp/news.php We Invite you to Visit the All New StockGuru Blog! Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks. Click HERE to visit the Blog, or go to: http://stockguru.com/blog/ StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com. CVCP Disclosure: Pentony Enterprises LLC was compensated 6,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this.
- 19 years ago
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