| Chinese co hikes stake in Gateway promoter firm |
| Our Web Bureau / Mumbai August 18, 2006 |
| Thakral Corporation (TCL), one of the promoters of Gateway Distriparks, is witnessing a change in shareholding pattern. According to a release issued by Gateway to the BSE today, TCL presently holds 66,78,000 shares (7.23%) in the company. "The company has been informed by TCL that Hong Leong Group of Singapore (through Venture Delta, a subsidiary of China Yuchai International, which is controlled by the Hong Leong Group), has increased their shareholding in TCL to 36.70% by exercising their right to convert bonds. "Consequently, the Thakral family |
