Press Releases from GEECL - Great Eastern Energy Corp. Ltd. (1 total)
Great Eastern Energy plans 'sponsored' issue
A first for Indian markets, AIM-listed firm looks for liquidity.
Delhi-based Great Eastern Energy Corporation (GEEC) is planning a public issue, part of which will be “sponsored”, meaning foreign shareholders will also tender their shares for sale, a first for the Indian markets.
GEEC, a coal bed methane exploration and development company promoted by Yogendra Kumar Modi, is listed on the London Stock Exchange’s Alternative Investment Market (AIM).
The issue, which is awaiting…
