Vietnam Infrastructure (VNI) has announced that it has received its first payment of US$47.5m in cash, pursuant to the sale and purchase agreement to transfer 100% of VNI’s holding in Southeast Asia Telecommunications Holdings Pte. Ltd. (SEATH) to OCK Vietnam Towers Pte. Ltd (OCK). VNI says that it expects to receive its second and final […]
Symphony International Holdings has announced the implementation of an ongoing buyback programme starting today. The company says that its shares continue to trade at a significant discount (approximately 32% to latest published NAV). However, it says that ‘nvestments in listed securities and cash cover the share price by 1.04 times. As such, it says that […]
GCP Asset Backed Income (GABI) has announce it has agreed enterred into a two year £15m revolving credit facility with the Royal Bank of Scotland International Limited. GABI has also announced a £3.1m extension to the £10.8m social infrastructure loan facility announced on 23 December 2016. The revised £13.9m facility, which GABI says will be […]
HICL Infrastructure has announced that it intends to proceed with a placing, open offer and offer for subscription of ordinary shares during the first quarter of 2017. The company says that it currently has a funding surplus of around £6m, but also has commitments of approximately £200m in aggregate in respect of conditional acquisitions which […]
Custodian REIT has announced that it has acquired a block of six retail properties and two restaurants in Shrewsbury town centre. The properties are occupied by Paperchase, Holland & Barrett, Azzuri Restaurants (t/a ASK), Edinburgh Woollen Mill, Thomas Cook, Greggs, Sam’s Club (t/a House of the Rising Sun), Whittards and William Hill. The company says […]
Candover Investments has announced that it has realised its remaining investment in Technogym S.p.A, which is managed by Arle Capital Partners Limited, for cash proceeds of approximately €9.5m (£8.3m). Candover says that this realisation follows the partial realisation completed at the time of the initial public offering of Technogym in April 2016 and that this […]
ICG-Longbow UK Senior Secured UK Property Debt Investments (ICG-Longbow) has announced proposals proposals for a change in investment objective and policy, a placing programme for 40m shares and the continuation vote. The company says that, over the coming 24 months, the majority of its current loans become due for repayment and, given the material changes […]
The independent directors of Prospect Japan Fund today announce that they are in preliminary discussions in respect of a possible offer by Prospect for the entire issued and to be issued share capital of Prospect Japan Fund (the “Possible Offer”). The independent directors of Prospect Japan Fund, who have received financial advice from Stockdale Securities Limited, consider […]
Alpha Real Trust has announced that it has written to shareholders of Industrial Multi-Property Trust. The letter follows the publication of second Industrial Multi Property Trust (IMPT) EGM circular. Rather than cut and paste, we are including the text of the letter below. Dear fellow shareholder in IMPT, We write to you in response […]
HarbourVest Global Private Equity (HVPE), has announced that it has renewed its existing $500m multi-currency credit facility with Lloyds Bank plc and Credit Suisse AG. HVPE says that Lloyds Bank has maintained its $300m commitment, with Credit Suisse AG continuing to commit $200m. The Facility, which retains similar covenants, has been extended to December 2020. […]
