Lok Housing to explore fund raising opportunities

Lok Housing & Constructions Ltd has announced that a meeting of the Board of Directors of the Company will be held on June 13, 2008 to consider and explore various avenues to raise funds from foreign market through issue of ADRs / GDRs / FCCBs and from local market through mode of 'Qualified Institutional Placement' or through any other convertible instrument(s), etc.

The quantum of the funds to be raised shall be discussed and decided in the scheduled Board Meeting.

Source : Equity Bulls

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