GE Shipping - Q2 results on Oct 27, 2006

Great Eastern Shipping Company Ltd (GE Shipping) has announced that a meeting of the Board of Directors of the Company will be held on October 27, 2006, inter alia, to consider the following:

1. Unaudited Financial Results (Provisional) for the quarter and half year ended September 30, 2006 (Q2). It may be noted that the Unaudited Financial Results of the Company post demerger of the offshore services business would represent only the remaining business of the Company (i.e. shipping).

2. Declaration of interim dividend on the equity shares of the Company for the year ending March 31, 2007. The interim dividend will be declared and paid on the reduced equity share capital i.e. 152,273,924 equity shares post demerger of the offshore services business.

Source : Equity Bulls

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