Hi, we've made some changes

KSK plans dual listing

News for Spread Betters

PreviousPrevious
NextNext

There's a new Investor Edition of CMC Markets' spread betting platform... and it's exclusive to DigitalLook.com users...

Get full details about Marketmaker:Investor Edition here. Advertisement

Date: Monday 12 May 2008

LONDON (ShareCast) - KSK Emerging India Energy Fund, an investment company focused on the Indian power and energy sector, said it plans to list on AIM and on the Channel Islands Stock Exchange in early June.

KEF will target investment in businesses that operate across the Indian power and energy sector value chain, including those involved in the development of infrastructure.

The Fund will seek to invest between $5m and $75m into each investment over a typical two to eight year life cycle, aiming to achieve an IRR in excess of 20% in each case.

“KEF's planned admission to AIM is a significant step in the evolution of KSK's fund management business within India's power and energy sector,” said non-executive director Tanmay Das.

“With our business relationships and significant industrial expertise, we are confident of exposing the fund to a number of the future success stories in the sector, generating substantial returns for our shareholders along the way,” Das added.

Grant Thornton Corporate Finance is acting as nominated adviser to the Fund and Liberum Capital is acting as financial adviser and broker.

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).