Tuesday, June 17, 2008

Unitech scraps S'pore Reit share sale

(MUMBAI) Unitech Ltd, India's second-biggest property firm, scrapped plans for a US$600 million sale of shares in a real estate investment trust (Reit) in Singapore, joining rival DLF Ltd in shunning equity markets after stocks plummeted.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,283868,00.html?

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