US-based hedge fund QVT Financial LP has strongly opposed Hirco Plc’s proposal to merge two Indian subsidiaries of the Hiranandani group with itself. QVT holds a minority stake in Hirco, a real estate fund floated by the Mumbai-based developer Hiranandani group in the Alternative Investment Market (AIM) of London. Hirco has called an extra-ordinary general […]
Tag: Subsidiaries
Dev Property Puts Forward The Disposal Of Interests In Two Development Projects
January 28, 2008 – 6:04 am
January 09,2008. Dev Property Development Plc (DPD.L) today declared that it intends to organize its entire interest in two development projects- The Jupiter Mills Project Elphinstone Mills Project Total Investment on these two projects is £114 million. The company has declared its strategy that it will seek shareholder approval for the disposal of its interests […]
