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

Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

Shriya Ghate, Business Head, Tinkle, spills the beans on the company's vision for its special line of merchandise launched to celebrate its 37th anniversary, its pricing, marketing strategies, and more

Vivek Patni, Director of Wonder Cement, on the current marketing strategies and challenges that brand owners face

Videocon D2H and Hindustan Lever continue to dominate BARC's Top 10 Brands and Top 10 Advertisers for week 45

The series will be telecast on SONY TEN 1 channels with English commentary and on SONY TEN 3 channels with Hindi commentary

The new TVC, which is created by Dharma 2.0, is a step towards keeping cities and surroundings clean