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              Lanco Global Systems Ltd has announced that the Board of Directors of the Company at its meeting held on September 08, 2006, inter alia, has decided the following:
1. Increase Authorized Capital of the Company.
2. Issue further securities.
3. Amend the Articles of Association.
4. Make Investments.
5. Fix the date, time and venue of the ensuing Extra-Ordinary General Meeting and approve draft notice.