SGN Telecoms to raise funds

SGN Telecoms Ltd has announced that the Board of Directors of the Company at its meeting held on December 22, 2008, inter alia, have decided the Preferential Allotment of Equity Shares / convertible Warrants and Issue of Global Depository Receipt / American Depository Receipts.

The Board of Directors have decided to convene EGM on January 14, 2009 for the above purpose.

Source : Equity Bulls

Keywords