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DLF received BOD approval
Thursday, October 11, 2007 www.indiainfoline.com
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Finance
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Realty major DLF announced that its Board of Directors approved a proposal to raise a loan of up to US$1.5bn in a wholly owned subsidiary abroad. The company will also participate in the proposed IPO of DLF Offices Trust, Singapore, by investing in it upto US$750mn and will also spend up to US$750mn in projects / companies in furtherance of the company's business lines in India / abroad.
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