The Cayenne Trust has published its reconstruction / winding up proposals – fleshing out the ideas announced in mid-September. Under the Proposals, shareholders are entitled to roll over their investment in the Company into F&C Managed Portfolio Trust choosing either the Income portfolio, Growth portfolio or both. The other option is to elect for cash […]
Kennedy Wilson Europe Real Estate has conditionally acquired a portfolio of nine offices in Italy fully let to the Italian government. The portfolio is being acquired from InvestiRE SGR, as the management company of the closed-end mutual property investment fund known as Fondo Immobili Pubblici (“FIP”). The portfolio net purchase price is EUR185.5 million, reflecting […]
Dunedin Income Growth Investment Trust has agreed to issue £30m of 30 year Senior Secured Fixed Rate notes at a coupon of 3.99%, subject to final documentation being entered into. The purpose of this transaction is to obtain fixed rate long dated Sterling denominated financing at a price that the Company considers attractive. The Company […]
Having successfully implement its investment policy in accordance with Rule 15 of the AIM rules, Kuala Innovations has fully invested all the money it had available. The Directors have proposed that the Company change its name to Fast Forward Innovations Limited (subject to shareholder approval) seemingly calling itself after Jim Mellon’s book “Fast Forward”. KUL […]
Scottish Oriental Smaller Companies has published results for the year ended 31 August 2015. Over that period it outperformed the MSCI AC Asia ex Japan Index and MSCI AC Asia ex Japan Small Cap Index, returning -8.4% against -9.1% and -9.4% for the indices respectively. The dividend was maintained at 11.5p – the Board say it […]
Redefine International’s adjusted NAV rose from 40.5p to 41.7p over the year to the end of August 2015. Earnings per share slipped from 3.3p to 3.2p but the dividend was upped from 3.2p to 3.25p. The slip in earnings was the result of cash drag in the portfolio in the second half of the period […]
Aberdeen Asian Smaller Companies has announced results for the year ended 31 July 2015. The net asset value total return for the period was -4.7%. This compares poorly to a fall in the MSCI AC Asia Pacific ex Japan Index of -1.2% and the MSCI AC Asia Pacific ex Japan Small Cap Index’s return of -0.8%. For […]
Over the six months to the end of August 2015 BlackRock Smaller Companies’ net asset value increased by 9.0% to 1039.98p per share, outperforming its benchmark (the Numis Smaller Companies plus AIM (excluding Investment Companies) Index) by 6.6%. The Company’s share price increased by 14.0% to 925.5p per share over the same period. The FTSE […]
BBGI is a 50% equity investor in the consortium that will design, build, finance, operate and maintain the infrastructure for a period of 30 years. The North Commuter Parkway Project involves the replacement of the 107-year-old Traffic Bridge in Saskatoon’s downtown core as well as the development of a new six-lane bridge crossing the South […]
Over the six months ended 31 August 2015, Thai equities dropped sharply. The SET Index fell by 19.2% on a sterling-adjusted basis. Aberdeen New Thai’s net asset value was similarly affected, falling 20.0% while the share price declined by 20.4% on a total return basis, to reach 357.6p. The baht’s depreciation against the pound during the period amplified […]
