Tag: Assets

Unitech to raise up to Rs 5000 crore via issue of securities

December 23, 2008 – 5:03 am

Real estate company Unitech Ltd said on Monday that it plans to raise up to Rs 5,000 crore through issue of securities. The company said this is an “enabling resolution”, and follows the expiry of a similar resolution earlier. But it did not give out details of fund raising.
Unitech Ltd shares ended nearly 3.4% higher [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , , , , , | Comments (0)

Lippo To Invest In Asia

June 24, 2008 – 1:25 am

Indonesian company Lippo Group declared that it is not discouraged by a slump in Asian property markets and increasing financing costs, and decides to invest ten billion dollar on projects and acquisitions over the next half decade.
The group is aiming various kind of projects such as retail, residential, hospital and hotel projects, and also distressed [...]

By rajani | Posted in Property News | Also tagged , , , , , , , , , , , , , | Comments (1)

LnT To Build Rigs, Semi-Submersibles, FPSOs

May 15, 2008 – 4:56 am

Engineering and construction major Larsen and Toubro today said it would build assets for the offshore segment that is facing shortage of assets.
L&T, which has a base in Oman, plans to build jack-up rigs, semi-submersibles and FPSOs (Floating Production and Storage Offloading vessels) for the offshore segment in Oman.

By rajani | Posted in Property News | Also tagged , , , , , , , , , , , , , , , | Comments (0)