Mascon board to consider convertibles offering

By Angela McDaniels

Seattle, March 9 - Mascon Global Ltd.'s board of directors will meet on Monday to discuss a possible offering of foreign-currency convertibles, Global Depositary Receipts or American Depositary Receipts, according to a company notice filed with the Bombay Stock Exchange.

The proceeds from the offering would be used to finance the cost of the company's proposed overseas acquisitions.

Mascon is a New Delhi, India-based provider of telecommunications and software services.

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