PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Adfactors PR (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Micro Technologies Plans to Expand its Operation through FCCB Issue - Micro Technologies issued FCCB, convertible into ordinary shares of the Company.The offer has been fully subscribed including Lehman Brothers as one of the subscribers
Micro Technologies Plans to Expand its Operation through FCCB Issue

 

NewswireToday - /newswire/ - Mumbai, Maharashtra, India, 2007/07/21 - Micro Technologies issued FCCB, convertible into ordinary shares of the Company.The offer has been fully subscribed including Lehman Brothers as one of the subscribers.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Micro Technologies (India) Ltd today announced that the company has issued 0.5% Foreign Currency Convertible Bonds (FCCBs) worth of USD 15 million, convertible into ordinary shares of the Company. The offer has been fully subscribed including Lehman Brothers as one of the subscribers. The bond will mature by 2012 having 7.75 % yields to maturity calculated on semi annual basis. The bonds will be traded on the Singapore Stock Exchange.

This FCCB looks at aiding Micro Technologies by expanding in major ways across different geographies as well as be a major part of its revenue through their increase in the export market. The FCCB issue looks at expanding its operations across the globe to the Middle East (W.L.L, Kingdom of Bahrain), US and domestic market through one of the subsidiaries of Micro Technologies, Micro Secure Solutions Ltd. Micro Secure Solutions Ltd. with the range of its product addresses the key area of Premises Security. Its mission is to address all areas of security when protecting premises.

The Standard Chartered acted as the lead managers to the issue. The proceeds of the issue are expected to be utilized for Development of new facilities, modernization and/or expansion of support centers, and/or Acquisitions/ Strategic Investments.

About Micro Technologies (I) Ltd

Micro Technologies (microtechnologies.net) is a leading provider of the much-needed range of security devices, life support systems and web-based software solutions to the global audience. Micro Technologies over the period of years have incepted some of the high-end security products, which address areas of concern right from mobile security to automobile security & Monitoring Systems. Micro Technologies got into the domain of security much before security was considered to be a major market and need was perceived. Micro Technologies products are globally recognized through its innovation, perfection and quality.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Adfactors PR (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Micro Technologies Plans to Expand its Operation through FCCB Issue

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Sarah Jacob Tharakan - AdfactorsPR.com 
+91 98 20316069 sarah.tharakan[.]adfactorspr.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Adfactors PR (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Adfactors PR (P) Ltd / Company Profile


Read Software Most Recent Related Newswires:

IBM, Indiegogo and Arrow Electronics Partner to Fuel the Next Generation of Internet of Things Startups
TDA Investment Group to Manage Property and Investment Management with Yardi Solutions
Dell EMC Simplifies Hybrid Cloud Adoption with New Hyper-Converged Infrastructure Solution
Pegasystems Partners with MuleSoft to Quickly Connect Pega Applications with Third-Party Data
French National Railway Company Accelerates Innovation with Watson Internet of Things on IBM Cloud
assessURhealth Focused on Patient-Centered Mental Healthcare at HIMSS 17
MCG Health and InterSystems Partner to Support Evidence-Based Decision Making for Health Plans, Care Providers
Cablenet Selects Oracle Communications to Modernize Infrastructure
Technology Evaluation Centers (TEC) Validates SYSPRO’s Winning Combination of Technology and Customer Focus
Datawatch Panopticon and Itiviti Deliver A Radically Fast Trading Platform with Streaming Data Visualizations
KPIT Recognized as a 'Challenger' in Gartner’s 2017 Magic Quadrant for SAP Application Services, North America
OneLogin Announces Integration Partnership with Sumo Logic
Vitality Healthcare Improves their Customer Journey with Noble’s Inbound 100 and WFM Cloud Solution
B. Braun Drives Digital Transformation with OpenText
NAKIVO VM Backup Appliance Based on Synology NAS Reduces Backup Size 10:1 for a Swiss School

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)