May list Hot Spot by year-end
Agencies Singapore
22 January 2008
Spice plans to list its VAS company Cellebrum in the Bombay and Singapore Exchanges by May or June and subsequently its mobile handset retail unit, Hot spot by year-end.
“At the end of 2008, we will have four listed entities," Bhupendra Kumar Modi, Spice''s chief executive is reported to have said. "Cellebrum has been valued at around $500 million, but we will put it to the market at a lower price to benefit the shareholders," he added.
22 January 2008
Spice plans to list its VAS company Cellebrum in the Bombay and Singapore Exchanges by May or June and subsequently its mobile handset retail unit, Hot spot by year-end.
“At the end of 2008, we will have four listed entities," Bhupendra Kumar Modi, Spice''s chief executive is reported to have said. "Cellebrum has been valued at around $500 million, but we will put it to the market at a lower price to benefit the shareholders," he added.
Link of the story:
Will there be a IPO for Cellebrum now ?
ReplyDeleteI heard Mr Modi is selling this company to Onmobile.
What is your view?