VietNam Holding (VNH)’s total return NAV grew up by 2.0% over the six-month interim period to 31 December 2019 – this was in line with the Vietnam all share index. Over the ten-year period ending 31 December 2019 the NAV increased by 6.7% per annum, compared to a 2.8% per annum increase in the Vietnam All […]
In QuotedData’s other news 18 March 2020 – Perpetual Income and Growth (PLI) said it has amended its bank facilities, with effect from 16 March 2020. They now comprise an uncommitted bank overdraft facility of £60m (previously £80m) and uncommitted bank loan facility of £40m (previously £60m). Both are repayable on demand. The covenants under […]
Over Baillie Gifford Shin Nippon’s (BGS) annual results period to 31 January 2020, NAV per share rose by 8.9% compared to a 9.5% rise in the comparative index (MSCI Japan small cap index). The share price fell by 0.5% as the shares moved from a premium of 8.0% to a discount of 1.4%. BGS said that in […]
Company update from Amedeo Air Four Plus (AA4): “Further to the announcement on 12 March 2020, the board notes the news that almost all airlines globally have been severely impacted by the reduction in passenger traffic as a result of covid-19 and understands that many Governments, banks and lessors have received approaches from these airlines […]
US Solar (USF) has released maiden annual results. The company launched last April with a $200m raise, primarily from UK institutional investors. Highlights to 31 December • Strong progress since IPO with three US solar project or portfolio acquisitions announced; • Acquisition one: 128 MWDC in-construction solar project in Milford, Utah, with a 25 year power […]
Infrastructure India (IIP) has released the following update with respect to its largest holding, Distribution Logistics Infrastructure Limited (DLI), and covid-19. “During the first quarter of the calendar year, DLI performed well, with increased revenue and lower quarter on quarter costs and timely project completion. Construction at Nagpur, including a private freight terminal and additional warehousing, […]
In QuotedData’s other news 17 March 2020 – Montanaro UK Smaller Companies (MTU) announced a change in its auditor and its board committee structure. The board has approved the proposed appointment of BDO as auditors for the financial year ending 31 March 2021. The appointment will be recommended to shareholders for approval at MTU’s next AGM in July […]
Globalworth Real Estate Investments (GWI), a leading office investor in Central and Eastern Europe, announced changes to the company’s board and an update regarding the COVID-19 outbreak. Board changes Ioannis Papalekas, the founder, is stepping down from the board with immediate effect but will remain as CEO of the company. Dimitris Raptis, the current chief investment […]
JPMorgan European Smaller Companies (JESC) announce that, following a review, its management fee arrangements with JPMorgan Funds Limited will change. Effective 1 April, 2020 the annual management fee, currently 1.0% per annum on net assets up to £400m and 0.85% on net assets over £400m, will be charged at an amended annual rate of 0.85% of […]
Global sector company, F&C (FRCL), has reported its annual results to 31 December 2019. The company’s growth and income mandate is carried out through investments in public market, unquoted investments and private equity. With a market cap above £3bn, it is among the largest closed-end investment companies and was the first investment trust to launch, […]
