VinaCapital Vietnam Opportunity Fund has announced that it has made a private equity investment in Thu Cuc International General Hospital (TCI). VinaCapital led a consortium to invest USD26.7m to obtain a significant minority stake along with a board seat in the well-known health care provider, which is currently undertaking a significant expansion. Thu Cuc International […]
Starwood European Real Estate Finance (SWEF) has announced that it has appointed Jefferies International Limited to administer its share buyback programme. Details are as follows: As SWEF’s agent, Jeffries is permitted to buy back shares in the market independently of, and without influence by SWEF. This is provided that the maximum price payable for a […]
In QuotedData’s morning briefing 10 August 2020: European Assets Trust (EAT) has published its interim results for the six months ended 30 June 2020. During the period EAT provided an NAV total return of -3.5%, which it says is in line with that of its benchmark, the EMIX Smaller European Companies (ex UK) Index, which […]
Syncona has provided an update on the initial public offering (IPO) of its company, Freeline Therapeutics Holdings Plc. Freeline is a clinical-stage biotechnology company focused on AAV-based gene therapy targeting the liver. The key takeaways from the announcement are as follows: Freeline has announced the pricing of its IPO in the United States. This is […]
In QuotedData’s morning briefing 7 August 2020: The Renewables Infrastructure Group (TRIG) has announced its interim results for the six months ended 30 June 2020. During the period, TRIG’s NAV per share fell by 1.7%, but the chairman, Helen Mahy, reports that TRIG’s financial performance has remained resilient, sustained by strong operational performance and that the company […]
Honeycomb Investment Trust (HIT) has announced that it has made a proposal to Pollen Street Secured Lending (PSSL) regarding a possible merger between the two. Under the terms of the proposal, PSSL shareholders would receive new ordinary shares in HIT on a NAV for NAV basis. The company says that a further announcement will be […]
Octopus Renewables Infrastructure Trust (ORIT) has announced that it has signed an agreement to acquire a 100% interest in a portfolio of operational solar PV assets located across France for a cash consideration of €58.9m (£53.4m). The portfolio consists of 14 fully operational solar PV assets with a total installed capacity of 119.5MW. Following the purchase, ORIT […]
Henderson Smaller Companies Investment Trust (HSL) has announced its annual results for the year ended 31 May 2020 during which it has significantly outperformed its benchmark (by 7.7%) and maintained its final dividend (leading to a 2.2% increase in the total dividend for the year to 23.5p). HSL also beat its UK smaller companies’ investment […]
In QuotedData’s morning briefing 31 July 2020: Artemis Alpha Trust has appointment Nplus1 Singer Advisory LLP as its sole corporate broker with immediate effect. Tetragon has published its interim results for the six months ended 30 June 2020. During the period, it provided an NAV total return of -1.9% (this compares against a +8.1% NAV […]
At its AGM on 30 July 2020, Gabelli Value Plus + Trust (GVP) failed its continuation vote. The trust needed 50% of all votes to be in favour of continuation for it to be approved but, on the day, it achieved just 34.31% (or put another way, 65.59% of votes cast were against continuation). GVP’s Board […]
