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Small caps: Colliers, Digital Barriers, Mount...

Fri, 30th Jul 2010 12:23

Estate agent Collier International's first half revenues were up 12% on last year, with the UK 15% ahead. Market conditions remain challenging, but there has been some improvement in transaction volumes leading to a strong end to the period, Colliers added. Chief Executive David Izett also wants to leave and the process has started to find a replacement. Digital Barriers has made an agreed cash offer for Coe Group worth 9p per share and £3.3m in total. Some 61.1% of Coe shareholders have already agreed to the bid.Infrastructure India's two investments continue to perform well, it says. NAV at end March was approximately £1.09. "While market conditions have remained difficult over the past twelve months, India's economy has continued to fare better than most and there remains, in our opinion, a strong investment case for Indian infrastructure," said chairman Rupert Cottrell. Fuel cell group ITM Power's full year loss to end April rose to £6.56m from £5.15m. "The development of hydrogen networks both in the UK and internationally is gaining traction and ITM Power is now involved in several key projects. The feedback from both the Hannover Messe and the NHA in California was very encouraging and initial interest in the product range bodes well for the future of the company," it said.Valve maker Mount says markets in Asia, Europe and the UK have been weaker than anticipated. As a result Mount's trading performance has been marginally behind management's expectations. A second half improvement will be depend on the timing of an upturn in demand from the international oil and gas markets.Financial services group STM says turnover for the first half of 2010 is expected to be materially up on the same period last year at approximately £4.65m (H1 2009: £4.13 million), reflecting a solid performance from the Group's core CTS businesses in Gibraltar and Jersey.Long suffering shareholders in London taxi maker Manganese Bronze received a welcome boost on Friday after the company announced what it termed a dramatic reduction in its operating loss in the first half of 2010.The operating loss before exceptional items was reduced by 29.9% to £1.0m from £1.4m in the first half of 2009. Loss before tax was sliced to £4.88m from £7.32m a year earlier, on revenue that eased to £0.92m from £1.04m.
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26 Sep 2018 13:41

Infrastructure India Gets USD2 Million Increase To Cedar Valley Loan

LONDON (Alliance News) - Infrastructure India PLC said Wednesday that it secured a USD2.0 million increase to its existing USD43.4 million unsecured bridging loan facility provided by Cedar Valley

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21 Sep 2018 12:24

Infrastructure India Net Asset Value Falls Over Financial Year

LONDON (Alliance News) - Infrastructure India PLC on Friday said its net asset value per share fell sharply in its financial year 2018 hurt by weak performance of its main investee Distribution in

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18 Sep 2018 13:05

Infrastructure India Gains Two Loan Maturity Date Extensions

LONDON (Alliance News) - Infrastructure India PLC said Tuesday it has agreed two loan maturity extensions to October 18.The infrastructure fund agreed the extension of a USS43.4 million in

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17 Sep 2018 10:37

WINNERS & LOSERS SUMMARY: Clontarf Shares Surge On Tano 2A Resolution

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 1.0%. The Financial Times reported the chief

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17 Sep 2018 09:04

Infrastructure India Shares Dive On Cancellation Of Wind Farms Sale

LONDON (Alliance News) - Infrastructure India PLC lost more than a quarter of its market value early Monday following its decision to abort the sale of unit Indian Energy Ltd to ReNew Power Pvt in

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23 Aug 2018 14:57

Infrastructure India agrees to $3m increase of bridging loan

(Sharecast News) - Infrastructure India has agreed a $3m increase of the existing $40.4m unsecured bridging loan facility, it announced on Thursday.

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23 Aug 2018 11:35

Infrastructure India Shares Drop As Bridging Loan Raised Eighth Time

LONDON (Alliance News) - Infrastructure India PLC said on Thursday it has agreed to an increase of its USD40.4 million unsecured bridging loan facility to USD43.4 million.Shares in India at

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31 Jul 2018 11:31

Infrastructure India Shares Double As It Secures New Financing

LONDON (Alliance News) - Infrastructure India PLC shares soared on Tuesday as the company said it has agreed USD125 million, or GBP95.5 million, of debt funding.Shares were trading at 3.70

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20 Jun 2018 11:03

Infrastructure India Secures USD6 Million Increase To Bridging Loan

LONDON (Alliance News) - Investment firm Infrastructure India PLC said Wednesday that it has agreed a USD6.0 million increase to an existing bridging loan facility from Cedar Valley added funds on

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31 May 2018 12:02

Infrastructure India Secures USD4 Million Increase To Bridging Loan

LONDON (Alliance News) - Investment firm Infrastructure India PLC said Thursday it has agreed a USD4.0 million increase to an existing bridging loan facility from Cedar Valley Financial.The

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23 May 2018 15:07

Infrastructure India Secures USD2 Million Increase To Bridging Loan

LONDON (Alliance News) - Infrastructure India PLC said Wednesday it has agreed a USD2.0 million increase to its existing USD28.0 million unsecured bridging loan facility.The AIM-listed fund

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27 Apr 2018 13:58

Infrastructure India Sells Subsidiary To ReNew Power For GBP4 Million

LONDON (Alliance News) - Infrastructure India PLC on Friday said it agreed to sell its subsidiary, wind farm operator Indian Energy Ltd, to ReNew Power Services Private Ltd for GBP4.0 million in a

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24 Apr 2018 16:52

Infrastructure India Secures USD2 Million Increase To Bridging Loan

LONDON (Alliance News) - Infrastructure India PLC said Tuesday that it has agreed a USD2.0 million increase to its existing USD26.0 million unsecured bridging loan facility.The AIM-listed a

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16 Feb 2017 10:23

Infrastructure India's cargo volumes weakened by demonetisation

(ShareCast News) - Shares in Infrastructure India tumbled on Thursday after saying cargo volumes have gradually improved since demonetisation by the Indian government, but recovery to prior levels depends on the rebound of the manufacturing sector. In September, the investment fund said 99.9%-owned

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16 Feb 2017 08:43

Infrastructure India Says Hit From Government Demonetisation Continues

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