Trinity Capital completes assets offload
16th Nov 2016 09:40
(ShareCast News) - AIM-listed Trinity Capital said its wholly-owned subsidiary, Trinity Capital Mauritius Limited (TCML), had completed the realisation of its investments in Trinity Capital (One) Limited and Trinity Capital (Five) Limited and received proceeds of £8.7m. The only remaining investment
Read moreTrinity Capital set to offload assets
21st Oct 2016 08:37
(ShareCast News) - Trinity Capital announced on Friday that on 20 October, an agreement was signed with Immobilien Development Indien I and Immobilien Development Indien II, and their associated parties which - if and when fully implemented - should facilitate the realisation of all of the company's
Read moreTrinity Capital board 'frustrated' by slow progress
17th Dec 2015 12:56
(ShareCast News) - Board members at Trinity Capital remained frustrated on Thursday with the stagnant state of their investments. The AIM-listed investor in Indian real estate and infrastructure saw losses shrink to £1.34m at 30 September from £3m in the corresponding period last year. Trinity Capi
Read moreLondon pre-open: Stocks seen higher after Chinese data
14th Dec 2012 07:31
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 moreTrinity Capital in bumper pay-out
2nd Dec 2010 10:28
Shares 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 moreTrinity Capital benefits from rupee's strength
10th Aug 2010 16:01
Indian 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 moreTrikona Trinity Agrees To Extend DB Hospitality Sale Payment
29th Jul 2010 08:28
LONDON (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 moreIncentives blocked at Trikona Trinity Capital
26th Jul 2010 17:52
Indian 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 moreTrikona Trinity Capital: Weiss Asset Management Ups Stake To 15.7%
12th Jul 2010 10:10
LONDON (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 moreTrikona Trinity Capital Sells Investment In DB Hospital Private
22nd Jun 2010 12:54
LONDON (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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