| |
NewswireToday - /newswire/ -
Mumbai, Maharashtra, India, 08/07/2007 - Micro Technologies (India) Limited (BSE: 532494) announces the listing of their company on the Singapore Exchange for its Foreign Currency Convertible Bonds (FCCBs).
|
| |
|
| |
Rank or share this free Newswire Press Release Distribution content. Join the network! Learn How!
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.
|
| |
Micro Technologies (India) Ltd (BSE: 532494) today announced the listing of the company on the Singapore Exchange for its Foreign Currency Convertible Bonds (FCCB). Singapore Exchange Limited (SGX) is Asia-Pacific's first demutualised and integrated securities and derivatives exchange. Leveraging this success and with a commitment to provide efficient security solutions across different geographies to tap global opportunities, Micro Technologies (microtechnologies.net) will launch today its platform in Asia and has chosen SGX as the first Asian exchange for its launch.
Commenting on the development, Dr. P. Sekhar, Chairman and Managing Director, Micro Technologies (India) Ltd. said, “the listing on Singapore is a significant step forward as it represents the success of bringing the technology based Security Products platform from India to other Asian countries and, more importantly, a new and unique investment tool to help investors manage their wealth more efficiently”.
The Standard Chartered acted as the lead managers to the issue and is also one of the investors along with Lehman Brothers and Apollo Global. As exchange traded funds (ETFs) are becoming mainstream investment tool, the listing of Micro Technologies on SGX will broaden to our suite of regional ETFs and allow investors to take advantage of the growing economies of India.
The Company is listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for its equity shares and Luxembourg Stock Exchange for GDRs.
The Company will use the FCCB funds worth Rs. 60 crore for extensive marketing operations of Micro Products into US market. It has also entered into a strategic agreement with TWI International PTY Ltd. to market Micro VBB to South Africa.
|
| |
 |
| |
Rank or share this free Newswire Press Release Distribution content. Join the network! Learn How!
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.
|
| |
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!
Non-featured company website links are shown on a random basis |
|
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. |
| |
|
| |
For more information, please visit:
Links are available on a random basis for non premium members
| |
Contact: Sarah Jacob Tharakan - Adfactorspr.com
9820316069  sarah.tharakan[.]adfactorspr.com
|
