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Wednesday, August 8, 2007

Jai Corp Board to consider Bonus Issue

Jai Corp Ltd has informed that a meeting of the Board of Directors of the Company will be held on August 09, 2007 inter alia, to consider a proposal for capitalisation of reserves through issue of bonus shares. The issue of bonus shares, if approved by the Board of Directors, would be subject to approval of the shareholders.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Apr 15
11:30 Claimant Count Rate 2 4.7%
11:30 Average Earnings Excluding Bonus (3Mo/Yr) 2 5.9% 6.0% 5.8% Revised from 5.9%
11:30 Average Earnings Including Bonus (3Mo/Yr) 2 5.6% 5.7% 5.6% Revised from 5.8%
11:30 ILO Unemployment Rate (3M) 3 4.4% 4.4% 4.4%
11:30 Employment Change (3M) 3 206K 144K
15:00 10-y Bond Auction 1 4.679%
17:45 Housing Starts s.a (YoY) 1 245K 229K
18:00 NY Empire State Manufacturing Index 2 -12.4 -20.0
18:00 Export Price Index (YoY) 1 2.1%
18:00 Manufacturing Sales (MoM) 1 -0.2% 1.7%
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