reports progress of its Burmese business
09 January 1995
Loxley Plc made a report on the progress of its business in Burma as
earlier appeared in the SET Daily dated June 28, 1994. The company said
it had received a Letter of Credit (L/C) from the Myanmar Post and
Telecom of the Telecommunication and Post Division for it to provide a
telephone instalment system and necessary equipment from Northern Telecom
of Canada.
LOXLEY will begin the instalment by January 1995 and it is expected
to be complete by October 1995. The project value is US$3.4 million or
Bt85 million.
Translated by The Nati