Top Story

e4m_logo.png

Home >> Media - Others >> Article

SAB lists $2 million worth FCCB on Singapore Stock Exchange

26-June-2007
Font Size   16
Share
SAB lists $2 million worth FCCB on Singapore Stock Exchange

Sri Adhikari Brothers (SAB) Television Network has informed the Bombay Stock Exchange (BSE) that the 1.5 per cent foreign currency convertible bonds (FCCB) aggregating to $2 million as a part exercise of the option of overallotment of $3 million are listed on Singapore Stock Exchange Securities Trading with effective from June 20.

Speaking on the development, Markand Adhikari, Vice Chairman and MD, SAB, noted that the investments would be utilised for the construction of a large studio facility in the coming year. “The studio will be a state-of-art one with five to six floors in Mumbai,” added Adhikari.

SAB had earlier secured FCCB aggregating $7 million, subject to an overallotment of $3 million.

Tags

Abhishek Punia, Co-founder and COO of ARM Worldwide, tells about how they re-branded themselves from ARM Digital to ARM Worldwide and in the process marked their presence globally

Srinivasan opens up on what prompted their recent rebrand, their foray into bus depots and developing the software that displays Bengaluru Metropolitan Transport Corporation's (BMTC) Passenger Information System for all the major bus depots in Bangalore.

Software and Technology, Consulting, Healthcare seem to be increasingly using Webinars to engage with their clients and employees

Chandy indulges in his love for reading and learning something new over the weekends

Abhishek Punia, Co-founder and COO of ARM Worldwide, tells about how they re-branded themselves from ARM Digital to ARM Worldwide and in the process marked their presence globally

Industry analysts expect the infusion of foreign capital to drive not only the retail market but also the advertising industry as a result.

Srinivasan opens up on what prompted their recent rebrand, their foray into bus depots and developing the software that displays Bengaluru Metropolitan Transport Corporation's (BMTC) Passenger Inform...