Business Daily from THE HINDU group of publications
Tuesday, Oct 09, 2007
ePaper
Business Daily from THE HINDU group of publications Tuesday, Oct 09, 2007 ePaper |
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Info-Tech
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Awards & Honours Subex Azure bags UK award Bangalore, Oct. 8 Bangalore-based Subex Azure was awarded the Successful Listing of the Year Award at the London Stock Exchange by UK Trade & Investment (UKTI), the British Government’s international business development agency. “The UKTI award is a testimony to the growing partnership between UK and India and a reflection of how Indian firms have been taking advantage of the new economic landscape. The award is a pointer to Subex ability to successfully execute and complete large transactions within a short span of time,” said Mr Raj Kumar, Chief Counsel & Company Secretary, Subex, in a release issued by the company. The entire transaction, including an FCCB for $180 million, a material acquisition of $164.5 million, a sponsored GDR issue of $36 million and transfer of existing GDRs from Luxembourg to LSE, was completed in a record time of less than 90 days. — Our Bureau More Stories on : Awards & Honours | Software
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