Wednesday, January 23, 2008

Emaar MGF IPO on track, to open on Feb 1

Asked whether the company is considering a delay in launching its IPO or lowering the price band due to volatility in the stock markets, Shravan Gupta, executive vice chairman and managing director, Emaar MGF Land, said: "Based on the response we have got from the road show and advice from merchant bankers, we believe this is a reasonably good time to go for an IPO."
Emaar MGF IPO on track, to open on Feb 1

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