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OVMI |
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In filings with the Securities and Exchange Commission, OVMI reported preliminary results for fiscal 2000 that indicated it will take a $3 million net loss including a write-down for indebtedness deemed uncollectible and shortfalls in revenue. David Ching, chairman of the board of OVMI, praised the work of OVMI's Liuzhou OVM design and manufacturing subsidiary in winning this project in the face of intense competition from suppliers based in Europe, North America, Japan and China. OB), has concluded a cooperation agreement with the Southern Corporation of the Vietnam Ministry of Transportation Engineering Design Institute (TEDI) following a meeting of a delegation led by OVMI Chairman Mr. |
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