Asian Oilfield to consider issue of securities to strategic investors

Asian Oilfield Services Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 28, 2007, inter alia, to consider Issue and Allotment of Equity Shares and / or Convertible Warrants on Preferential basis to Promoters and Strategic Investors.

The stock was trading at Rs.224.85, up by Rs.10.70 or 5%. The stock hit an intraday high of Rs.224.85 and low of Rs.216.10.

The total traded quantity was 29780 compared to 2 week average of 138638.

Source : Equity Bulls

Keywords