Asian Oilfield to consider fund raising on Dec 16, 2009

Asian Oilfield Services Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 16, 2009 to consider various funding options available for the proposed expansion of activities of the Company.

The stock closed the day at Rs.64.30, up by Rs.3.05 or 4.98%. The stock hit an intraday high of Rs.64.30 and low of Rs.62.60.

The total traded quantity was 353410 compared to 2 week average of 85841.

Source : Equity Bulls

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