Asian Tea to consider raising funds

Asian Tea & Exports Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 28, 2006, inter alia, to consider, raising of further capital through issue of prospectus for meeting the Company's capital expenditure requirement for its diversification into the Real Estate business through subsidiary and / or otherwise, Tea Tourism project, and expansion of Tea manufacturing facilities and / or any other business / projects.

Source : Equity Bulls

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