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Pin to quick picksInfra.india Share News (IIP)

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IN BRIEF: Infrastructure India agrees USD10 million equity asset sale

Wed, 06th Sep 2023 20:34

Infrastructure India PLC - infrastructure fund investing directly into assets in India - Agrees conditional USD10 million sale of its 99.99% interest in Distribution Logistics Infrastructure Ltd and its subsidiaries to Pristine Malwa Logistics Park Private Ltd, a wholly-owned subsidiary of Pristine Logistics & Infraprojects Ltd. Consideration also includes up to 33% of Pristine Malwa's issued share capital. The Pristine Group provides end-to-end multi cargo logistics solutions, and services including port handling, road and rail transport, warehousing, shipping, stevedoring, customs handling, and integrated logistics in India and Nepal.

Current stock price: 0.93 pence, multiplied on Wednesday

12-month change: More than doubled

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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30 Jul 2010 08:27

Infrastructure India FY Pretax Profit GBP4.7M Vs GBP3.2M

LONDON (Dow Jones)--Infrastructure India PLC (IIP.LN), an investment fund focusing on India's rapidly growing energy and transport sectors, said Friday the net asset value per ordinary share was GBP1.09 as at March 31 (March 31, 2009: GBP0.97) MAIN FACTS: -Net investment income GBP6.7 millio

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27 Jul 2010 13:23

Infrastructure India Plans To Raise GBP1.36M In Placing

LONDON (Dow Jones)--Infrastructure India PLC (IIP.LN), an investment company focussed on Indian infrastructure assets, said Tuesday it plans to raise GBP1.36 million by way of a placing of 3,089,158 ordinary shares at a price of 44 pence per share. MAIN FACTS: -To further reduce operating co

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15 Apr 2010 18:18

Infrastructure India sacks investment adviser

Infrastructure India has given its investment adviser Bloomsbury Asset Management Advisers notice. The investment company specialising in Indian infrastructure assets says that Bloomsbury has not nominated any employees to take over from the employees that resigned in October 2009. Infrastructur

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