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Published on 7/8/2008 in the Prospect News Convertibles Daily.

Lok Housing OKs up to $200 million in convertibles

By Devika Patel

Knoxville, Tenn., July 8 - Lok Housing & Constructions Ltd. notified the Bombay Stock Exchange that it approved plans to issue up to $200 million in convertibles at an extraordinary general meeting on July 7.

Securities may include American Depositary Receipts, Global Depositary Receipts and other financial instruments.

Lok is a homebuilder based in Mumbai, India.


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