This morning, I was surprised when I saw the announcement by Macquarie International Infrastructure Fund Limited (MIIF) on their divestment plan for their Taiwan Broadband Communications (TBC) stake. For those who have not been following the story, MIIF has the intention to sell off all their assets. This comes after a review of their business […]
Last week, Macquarie International Infrastructure Fund Limited (MIIF) announced the completion of the Strategic Review which was initiated in June 2012. The Strategic Review, which included an assessment by CIMB Bank Berhad, Singapore Branch (CIMB) and consultation with a cross section of shareholders, generated the following key observations: MIIF’s current share price does not adequately reflect the value of […]
Yesterday, I was at the Macquarie International Infrastructure Fund (MIIF) Special General Meeting (SGM) that saw two investment fund managers trying to get three of their nominees appointed to the board. It was a hugely disappointing outcome to see the nominees failing in their bid. Brief facts of the case The funds had been shareholders […]
I was at the MIIF presentation yesterday to get further insights of how the Macquarie International Infrastructure Fund (MIIF) was performing. Gavin Kerr, managing director of MIIF’s manager, gave a review of the 3rd quarter’s performance as well as answered questions from the audience. While the share price has dropped more than 50% in the […]
Macquarie International Infrastructure Fund (MIIF), a fund listed on SGX, will be holding an update next week. There will be a presentation by Gavin Kerr, Managing Director of Macquarie Infrastructure Management (Asia) Pty Limited, MIIF’s manager. Date: 4 December 2008 (Thursday) Time: 7-9pm Venue: SGX Auditorium, #02-02 Podium, SGX Centre 1, 2 Shenton Way RSVP […]