Corporate News 22-Dec-16
Board of JBM Auto to consider fund raising options including through QIP
On 29 December 2016
JBM Auto announced that a meeting of Board of Directors is scheduled to be held on 29 December 2016, inter alia, to re-consider (in supersession of its earliest resolution dated 14 November 2016 on the above matter) the proposal for various fund raising options including through Qualified Institutions Placement subject to taking of shareholders' approval through Postal Ballot for the aforesaid purpose.
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