FastForward Innovations has announced that it has subscribed for 29.4 per cent. (on a fully diluted basis) of Nevis incorporated private company,Frails LLC, the sole owner of a subsidiary providing and developing gaming products and technology with a focus on Virtual Sports and Virtual Casino products, trading under the brand “Leap Gaming”. Leap partners with top-tier […]
The six-month period to 31 January 2016 saw weaker performance from the Japanese stock market. Schroder Japan Growth’s net asset value per share on a total return basis reduced by 4.6% (compared to a negative total return of 1.9% for the period from the Benchmark Index). The share price produced a negative total return of […]
Mercantile has announced results for the year ended 31 January 2016. It outperformed its benchmark with a Net Asset Value return of 12.9% (cum income, debt at par) against 4.7% for the benchmark. The share price total return was 18.6%. They paid three interim dividends of 10.0p per ordinary share over the year under review, […]
Regional REIT Limited has announced the sale of two assets. Blythswood House, 200 West Regent Street, Glasgow, has been sold to Standard Life Investments for GBP17.4m, reflecting a net initial yield of 5.0%. The property was acquired in 2014 and then the previous lease was surrendered with a back-to-back letting-on a 25-year lease to Glasgow School […]
VinaLand has sold its stakes in both the Marina project and Parcel 5 of the My Gia project. The Marina project is a future development site located in Danang and was acquired by VNL in 2008, while Parcel 5 is a block of land situated within the My Gia township development project located in Khanh Hoa […]
Fair Oaks Income Fund generated a total NAV return of -1.5% over the course of 2015 despite the weakness suffered by the market in the last quarter of 2015. The total return based on share price was 4.7% and the company’s ordinary shares ended the year trading at a 9.7% premium to NAV. The shares outperformed the US bank […]
Over the course of 2015, Marwyn Value Investors’ NAV decreased by 19.39% to 239.16 pence. The reduction in NAV over the year is primarily attributable to falls in the share prices of Entertainment One Limited (“eOne”), Zegona Communications and Marwyn Management Partners, partially offset by gains in the share prices of BCA Marketplace (formerly Haversham […]
Infrastructure India has announced that an agreement has been signed for the sale of its interest in Western MP Infrastructure & Toll Roads Private Limited (“WMP”). It is also providing an update on its largest portfolio asset, Distribution Logistics Infrastructure Limited (“DLI”). WMP operates a 125 kilometre toll road in the central Indian state of Madhya […]
Acorn Income Fund has released its annual results for the year ended 31 December 2015. During the year, the company’s gross asset portfolio performance (adjusted for share issuance and buybacks) provided a total return of 17% outperforming the small cap indices. The Ordinary Share net asset value total return was 22.1%. The company says that […]
3i Infrastructure has announced that it has signed an agreement to acquire a 36% economic interest in Wireless Infrastructure Group, investing approximately £75m and joining existing majority shareholder Wood Creek Capital Management and the management team as shareholders. Completion of the transaction is conditional only upon receiving clearance from the European Commission under the EU […]
