Fomento Resorts - EGM on Apr 30, 2008
Fomento Resorts & Hotels Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on April 30, 2008, inter alia, to create, offer, issue and allot by way of Public Issue, Rights Issue, or otherwise, with or without provision for reservation on firm and / or competitive basis, of such part of issue and for such categories of persons as may be permitted in the course of one or more public offerings, equity shares to all eligible investors, including residents and / or non-residents and / or institutions / banks and / or incorporated bodies and / or individuals and / or trustees and / or stabilizing agent or otherwise and whether or not such investors are Members of the Company, through one or more prospectus and/or letter of offer or circular by way of public offer which on issue and allotment could give rise to the issue of an aggregate face value of equity shares not exceeding 40% of the authorized equity share capital of the Company. Such issue and allotment to be made at such time or times in one or more tranche or tranches, at such price or prices, at market price(s) or at a discount or premium to market price(s) including at the Boards discretion at different price(s) to retail investors defined as such under relevant rules, regulations and guidelines of the relevant authority, in such manner including allotment to stabilizing agent(s) in terms of green shoe option if any exercised by the Company and where necessary in consultation with the Book Running Lead Managers and /or Underwriters and/or 5tabilizing Agent(s) and / or other Advisors or otherwise on such terms and conditions, including issue of Securities as fully or partly paid, making of calls and manner of appropriation of application money or call money in respect of Equity Shares as the Board may in its absolute discretion decide at the time of issue of the Equity Shares, subject to necessary provisions & approvals.
Tags: Fomento Resorts