Moschip Semiconductor Technology Ltd has informed that the Board of Directors of the Company vide Circular Resolution dated April 17, 2008 has decided to call off the Extra Ordinary General Meeting (EGM) which was earlier scheduled to be held on May 14, 2008 to consider issue of shares on preferential basis to non-promoter due to the decision of the Board to reconsider / put on hold its approval for issuance of warrants for the time being.
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