CURRENT OPERATIONS / PENDING SALE
Avtar Singh Construction Co. (P) Ltd.
The Company was incorporated in India in 1987, and executes large civil engineering projects in India, with emphasis on roads, bridges, earthwork, highways, and promoter colonizer of housing complexes, demanding a high degree of skill and expertise.
ASCC is one of the major developers of India with strong ties to Provincial and Central Government of India (NHAI – National Highway Authority of India) and World Bank funded projects. ASCC owns a total of three different companies which run into various fields, namely roads and highways, real estate and leasing/financing.
ASCC's reputation is based on strong customer orientation, technological sophistication and an impressive record of achievement.
Company is anticipating finishing the sale and vendout of ASCC in April/May 2012
EVDR management is currently exploring various merger options which by all accounts and in the company opinion may take the company in a new and bold direction.
****Thank you HOSS for pointing this out *****
Should be a significant CASH in fusion for the Company on completion of the Sale.