Neo Corp allots 292898 shares

Neo Corp International Ltd has announced that the Board of Directors of the Company at its meeting held on May 18, 2009, has considered and made allotment of fully paid 2,92,898 (Two Lacs Ninety Two Thousand Eight hundred Ninety Eight) 3% Cumulative Convertible Preference Shares with face value of Rs 10/- each and 58/- as premium on preferential basis to the persons other than promoters in accordance with the SEBI (Disclosure and Investors Protection) guidelines, 2000.

Source : Equity Bulls

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