Special situation: Trinity Capital

Trinity Capital (LON:TRC) is a company listed on AIM in London that was formed in 2006 with the purpose to invest in Indian real estate and real estate entities. These investments were structured as special-purpose vehicles and joint ventures.

Tender offer for Kleemann by management

An announcement was published today by Kleemann Hellas, the Greek elevator manufacturer that was discussed here previously in July 2013 and again in December 2014. The announcement is a tender offer by MCA Orbital Global Holdings (MCA). MCA is an entity that was established by the Koukountzos family, which is the controlling shareholder of Kleemann, […]

Francisco Industries & Manati Industries

I found a couple of very strange companies on the pink sheets and I’ll use this post to collect some of my thoughts on them. The companies in question are Francisco Industries (OTCMKTS:FRAZ) and Manati Industries (OTCMKTS:MNII). They are both US corporations that had operations in Cuba and that had their property seized by Cuba […]