Indus Gas chief exec raises nearly £126m
31st Jan 2011 17:04
The chief executive of one of the largest companies on AIM has raised nearly £126m from a share sale. Not much more than 10% of the companies on AIM are valued at more than the amount raised by Indus Gas chief executive Ajay Kalsi. He sold 19.35m shares at 650p each. Indus joined AIM in June 2008
Read moreJPMorgan Fleming Japanese Smaller Companies NAV At March 31 182.8P
16th Jun 2010 13:28
LONDON (Dow Jones)--LONDON (Dow Jones)--JPMorgan Fleming Japanese Smaller Companies Investment Trust PLC (JPS.LN) said Wednesday that its undiluted total return on net assets increased by 46%, outperforming the return of the Company's benchmark, the S&P/Citigroup Japan Extended Market Index--which i
Read moreWednesday tips round-up: Miners, G4S, Vitec
5th May 2010 06:51
Australia has just become the world's most-taxed mining economy after introducing a 40% super-tax. It will hit mining groups hard, but earnings were about to expand strongly anyway. Although a setback, there should still be enough profit to go around suggests the Telegraph. By far the most exposed
Read moreBroker snap: Japanese trusts high enough
16th Nov 2009 13:59
Broker Killik Capital has cast its eye east to Japan where a pair of investment trusts have been narrowing the discount to net asset value. Melchior Japan trades at a discount of 9%, down from 36% last December, helped by stake building from arbitrageurs, says the broker. But Killik thinks re-rati
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