Announcement in Connection with Proposed Expansion of the Share capital (Part 1)

Posted by LVT - 2012-12-13 22:30:00

LVT has at the middle of September 2012 following situation.
Of the big jobs ongoing during the past years, the situation is following;
CMS – Malaysia is under final commissioning. It is expected, that all performance guarantees will be met within October/November 2012 after which the project will be closed.

For CIMA – Cement Mill 4 the performance test is under performance with all guarantees met. After this test the project will be closed.
For AYCC the Factory Acceptance Document has been received, and the project has been successfully closed.
EPCC all equipment has been shipped, and the plant is under final erection by the client. Commissioning is expected to take place by end of 2012.
KBZI in under erection, and the job has 80% progress. We expect commissioning by Q1/Q2 2013.
Apodi Brazil in under erection, all equipment has been ordered and progress is 85%.
Elizabeth is under erection, all equipment has been ordered, and progress is almost 70%