Metrica Partners sends letter to board of NBI Industrial Finance
- Requesting explanation for zero dividend payout despite extremely strong balance sheet
- Asking why company persists with a structure that causes double taxation for shareholders
- Seeking to understand purpose of listing with almost 95% of assets in Shree Cement shares
SINGAPORE–(BUSINESS WIRE)–Metrica Partners Pte. Ltd. (“Metrica”) manages investment funds that are among the largest minority shareholders of NBI Industrial Finance Co. Ltd. (“NBI”, NSE: NBIFIN, Bloomberg: NBI IN). ... more
Dividend distribution tax and holding companies in India
A frequent topic of conversation was the upcoming abolition of Dividend Distribution Tax (DDT), which is significant for holding companies. ... more
Aveo can unlock 70% upside by addressing its unique ownership structure
- Aveo is substantially undervalued because it has a foreign-listed corporate as its major shareholder, according to Metrica Partners
- Restructuring the relationship could attract more institutional investors and boost Aveo’s share price by up to 70%
- Aveo – a leading owner, operator and manager of retirement communities in Australia – is 22.7% owned by Malaysia-listed Mulpha International Bhd