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Trinity Capital In Loss On Jodhana Sale

Thu, 24th Jul 2014 11:37

LONDON (Alliance News) - Trinity Capital PLC Thursday said that it has booked a loss after its Mauritius subsidiary, Trinity Capital (Seventeen) Ltd, sold its holding in Jodhana Developers Private Ltd to the promoter.

In a statement, Trinity Capital said that the proceeds net of costs amount to GBP3.1 million and create a GBP400,000 loss against the carrying value in the interim accounts of September 30.

Trinity Capital shares were Thursday untraded at 8.375 pence.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2014 Alliance News Limited. All Rights Reserved.

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