Asian Tea to diversify into real estate

Asian Tea & Exports Ltd has announced that the Board of Directors of the Company at its meeting held on November 28, 2006 has accorded their consent to the following:

1. To raise a further capital through issue of prospectus.

2. To diversify into Real Estate business.

3. To undertake Tea Tourism Project.

4. To undertake the expansion of manufacturing facilities.

Source : Equity Bulls

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