Featuring: publicly traded & venture capital companies on the U.S. (NYSE, NASDAQ, AMEX & OTC: BB) and Canadian (TSX & TSX-V) stock exchanges, Investment & Money Management Ideas. |
|
|
Press Release - Minaean International Corp. (MIB-TSX-VX) |
|
|
The Indian GDP is forecasted to grow at 7.2% this year followed by 8% plus over the next few years creating a huge investment potential. Minaean’s pioneering efforts in the introduction of “Artisan Quik Build System” (AQBS) and “Modular Building Systems” has created a unique brand equity for the company in India. These systems are ideal for Health, Education and Energy sectors and the usage will grow with time... - Mervyn Pinto (Interview published May 28, 2010) |
The Most Powerful Name In Corporate News and Information. |
|
CURRENT ISSUE | COVER ARCHIVES | INDEX | CONTACT | FINANCIALS | MARKETING SERVICES | HOME PAGE |
|
Minaean On Track With The Execution Of Bus Queue Shelters Contract In Mumbai, IndiaOctober 14, 2010Vancouver, BC, Canada – Thursday, October 14, 2010 – Minaean International Corp. (TSX V: MIB; Berlin and Frankfurt Stock Exchanges: NJA) is pleased to announce that its Indian subsidiary, Minaean Habitat (India) Pvt. Ltd.(“MHI”), is on schedule in the execution of the bus queue shelters contract with one of India’s largest Out of Home Media companies. The contract, valued at CDN $1.6 million, for the production and installation of 200 bus queue shelters was awarded to MHI on August 20th, 2010 with a time line of 115 days and has to be executed by December 15th, 2010. MHI has produced and installed 75 units to date with 50 more currently under production for installation during this month. These bus queue shelters are of an ultra modern stainless steel design duly approved by BEST & Mumbai Municipal Corporation and are being fabricated in Minaean’s Mumbai plant in India. This efficient execution by MHI paves the way for more potential orders currently being negotiated with various other media companies. Several municipal and state governments are pursuing the installation of Street Furniture with the focus of providing a “new look” to several cities and townships. India’s economy has been surging ahead and opportunities for Minaean are gaining momentum. The Company is confident that in the near future it will secure some of the orders which are under negotiations. Separately, the Company is pleased to report that Minaean International Corp. was one of only two companies selected by BC’s Ministry of Small Businesses for speaking along side India’s past President Dr. Abdul Kalam who visited Vancouver recently. In his speech Mervyn Pinto, President of Minaean, remarked that the timing could not be better for local companies established in India to reap the benefits of their efforts over the past few years. About Minaean Minaean provides an all encompassing in-house design, engineering, prefabrication, supply and installation of modular buildings and light gauge steel load bearing wall panels with flooring systems capable of being assembled, delivered and installed within 7 to 10 days. The strong, affordable, ecologically sustainable structures present a promising solution to the mass housing shortages in developing countries and disaster-stricken areas, in addition to a range of conventional applications. Shares of Minaean International Corporation (parent company) is publicly traded on the TSX Venture Exchange under the symbol "MIB" and on the Berlin and Frankfurt Stock Exchanges under the symbol "NJA". For more information please visit: www.minaean.com On behalf of the Board of Directors MINAEAN INTERNATIONAL CORP. “ Mervyn Pinto ”
|
|
