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