Strong economic data from China is expected to give European markets a small boost when they open on Friday morning, as investors temporarily shrug off ongoing concerns about the 'fiscal cliff' Stateside. City sources predict that the Footsie will open a couple of points higher than yesterday's clo
Read moreShares in Indian property investor Trinity Capital shot up after the company said it is awash with cash after recent disposals and plans to distribute some of the dosh to shareholders. The company intends to make a distribution of 16.6p per share to shareholders, at a cost of £35m to the company.
Read moreIndian property investment company Trinity Capital said the value of its net assets rose from £281.2m to £296.3m in the year to 31 March 2010, with net asset value (BAV) per share increasing by 15% from 113p to 130p. The improvement was helped by a weakening by 7% of sterling against the Indian ru
Read moreLONDON (Dow Jones)--Trikona Trinity Capital PLC (TRC.LN), a close-end investment company, said Thursday it has agreed to extend the payment regarding the sale of its investment in DB Hospitality Private Ltd subject to the payment of a non refundable deposit of GBP1.4 million being 10% of the full co
Read moreIndian property investor Trikona Trinity Capital (TTC) has withdrawn two resolutions relating to directors' incentives from its EGM to be held on 30 July. TTC says that it has received shareholder support for incentivising Martin Adams and Pradeep Verma but the shareholders do not appear to like t
Read moreLONDON (Dow Jones)--LONDON (Dow Jones)--Trikona Trinity Capital PLC (TRC.LN), a real estate investment company, said Monday that Weiss Asset Management LP on behalf of Brookdale International Partners, L.P., has increased its stake to 33,025,663 of Trikona's voting rights or 15.7% from 11,700,663.
Read moreLONDON (Dow Jones)--Trikona Trinity Capital PLC (TRC.LN) Tuesday announces the sale of its investment in DB Hospitality Private Limited which is held through one of the Company's Mauritian wholly-owned subsidiaries. MAIN FACTS: -The subsidiary has Tuesday entered into a sale and purchase agr
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