Investment Services - Diversified
Malacca Trust Ltd Announces Incorporation Of Wholly Owned Subsidiary
Malacca Trust Ltd announced that the Company has incorporated a wholly-owned subsidiary in the Republic of Singapore, known as Batavia Pacific International Pte. Ltd (Batavia Pacific). Batavia Pacific has an initial issued and paid up capital of SGD1.00 comprising of one ordinary share and its principal activity is that of investment holding.
Malacca Trust Ltd Announces Incorporation Of Wholly Owned Subsidiary
Malacca Trust Ltd announced that the Company has incorporated a wholly owned subsidiary in the Republic of Singapore, known as High Trend Investments Pte. Ltd (High Trend). High Trend has an initial issued and paid up capital of SGD1.00 comprising one ordinary share and principal activity is that of investment holding. The investment in High Trend is funded through the Company’s internal resources.
Fortune Financial Services India Ltd Announces Incorporation Of New Subsidiary Company
Fortune Financial Services India Ltd announced that a new subsidiary company viz. Fortune Integrated Assets Finance Limited has been incorporated to carry on the business of Vehicle & other assets Loans. The effective date of registration is September 08, 2012 as per the certificate of incorporation issued by Registrar of Companies, Maharashtra, Mumbai.
KKR & Co. L.P. To Start New Capital Markets Business-Reuters
Reuters reported that KKR & Co. L.P. would start a new business to offer capital market services to clients other than its portfolio companies in its latest bid to rake in lucrative transaction fees and further diversify revenue from buyouts. KKR, has so far had little to show in external capital market mandates. As a result, KKR has ended up arranging debt and equity financing mostly for its portfolio companies, justifying the fees on the basis that it offers a way to test the capital markets itself to ensure access to the pricing.
Religare Enterprises Ltd Announces New Business
Religare Enterprises Ltd announced that Religare Finvest Ltd, a subsidiary of the Company has obtained the Corporate Agency License from Insurance Regulatory Development Authority (IRDA) for the procurement/ solicitation of general insurance business on behalf of ICICI Lombard General Insurance Company Ltd.
SBI Holdings, Inc. Establishes New Subsidiary
SBI Holdings, Inc. announced that it has established a China-based wholly owned subsidiary, SBI (China) Co., Ltd. on February 2, 2012, and the subsidiary has started operation, effective March 15, 2012.
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| DOW | 14,932.41 | -0.28% | |
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| TR US Index | 146.52 | -0.09% |
Analyst Research
| Report Title | Price |
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Provider: ICICI Direct
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$25.00
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Provider: SADIF-Investment Analytics, S.A.
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$25.00
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Provider: SADIF-Investment Analytics, S.A.
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$25.00
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Provider: Wright Reports
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$35.00
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Provider: Wright Reports
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$35.00
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