Kolkata, September 03, 2007: Leading Foreign Institutional Investors (FIIs) Goldman Sachs Investments (Mauritius) Ltd and Global Investment House Company A/C Global Asia Fund Limited (Mauritius)- Global Proprietar bought 29.78 lakh shares or, 1.33 % of the companies equity capital and 26.23 lakh shares or, 1.17% in Assam Company till 24th August.Apart from these two FIIs, Merrill Lynch Capital Markets Espana S.A. S.V. purchased 10.93 lakh shares, Credit Suisee (Singapore) Limited 9.80 lakh shares and Citi Global Markets Mauritius Pvt. Ltd 8.85 lakh shares in the month of August 2007. All these purchases were made in a span of two weeks starting from August 10, 2007 to August 24, 2007.The total purchases of FII's in these two weeks stood at 85.59 lakh shares or, 3.83 % of the equity shares. Apart from above other leading FIIs such as Quantam (M) Limited (123 lakh shares i.e. 5.50% of equity capital) and Macquire Bank Limited (53.05 lakh shares i.e. 2.37% of equity) together hold 176.05 lakh shares i.e. 7.87% of the equity shares as on August 24, 2007.ABOUT ASSAM COMPANY LIMITED: Assam Company Limited is a group company comprising of professional companies engaged in multifaceted activities like Tea plantation, Oil & Gas exploration, production & supply, Road Transportation etc., and a heritage company since 1839. Assam Company is one of the fewest heritage companies in India serving to the development of industries over 165 years. It is the first tea plantation company in India that started its tea garden in North East India in 1839.Assam Company is the first company to explore oil in Assam in the year 1892 and the only non -government company that has been exploring oil in north east India and desires to expand its exploration in the basin of Bay of Bengal. The company with a market capitalization of Rs. 308.71 cr is engaged in the plantation, production and manufacture of tea. It has recently diversified into the exploration and development of oil and gas.
