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maverick
16-01-2008, 07:47 AM
Lancor Holdings-Real Estate Play
BSE 509048

Have a look at Lancor Holdings (formerly DBS) BSE 509048..corporate developing 7 mn sq feet in Chennai and Hyderabad.

Conservative profits over next 2 years Rs 350 crore.

Equity Rs 4 crore (Rs 2 paid Up)

Promoters Holding: 76 per cent
Goldman Sachs and Merrill-10 per cent.

Management will have to sell 3-4 per cent Equity by March 2008 to comply with the listing requirements.

Possible Stake Sale at Rs 200 per share.