LDEV

LANKEM DEVELOPMENTS PLC
Company ID:- LDEV
Date of Initial Announcement :- 09-Mar-2011
Proportion:- Fifteen (15) new ordinary shares for every One (01) share held
Issue Price:- Rs.25.00/-
The number of shares to be issued :- 103,500,000 ordinary shares
EGM / Provisional Allotment: 21.Apr.2011
XR: 25-Apr-2011
Dispatch of Provisional Letter of Allotment : 29.Apr.2011
Rights Trading Commences on : 06.May.2011
Renunciation: 13.May.2011
Last Date of Acceptance & Payment: 16.May.2011.


Dear Readers,
Currently LDEV is trading at price Rs.78-80.Our opinion is, attractive return can be earned by selling XR and Right entitlements of LDEV.
Please not that above is our opinion and take your own analysis before buy or sell the counter.


SAK