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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| West Pioneer | LSE:WPR | London | Ordinary Share | VGG955191074 | ORD USD0.10 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 10.25 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMWPR
RNS Number : 3555A
West Pioneer Properties Limited
19 March 2013
Press Release 19 March 2013
West Pioneer Properties Limited
("West Pioneer" or "the Company")
Holding in Company
West Pioneer Properties Limited (AIM: WPR) announces that it is aware that, Height Achiever Limited is interested in 4,775,000 ordinary shares of US$0.10 each in the Company ("Ordinary Shares"), representing 5.97 per cent of the current issued share capital of the Company.
The Company is also aware that SEB Asset Management Deutschland is no longer interested in any Ordinary Shares in the Company.
-Ends-
For further information:
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West Pioneer Properties Limited
Nitin Dattani, Executive Director Tel: +44 (0) 20 8424
0690
Shore Capital & Corporate Limited
Anita Ghanekar / Edward Mansfield Tel: +44 (0) 20 7408
4090
Media enquiries:
Abchurch Communications
Sarah Hollins / Joanne Shears Tel: +44 (0) 20 7398
7709
joanne.shears@abchurch-group.com www.abchurch-group.com
Notes to Editors
West Pioneer Properties Limited (AIM:WPR) is a leading developer and operator of retail-led, mixed use developments in west and southern India, primarily in Tier II cities. West Pioneer was established to capitalise on the virtually unpenetrated organised retail environment in India, the rapidly increasing middle class, greater transparency in the property market, and improved infrastructure development which provides access to the market.
The retail side to West Pioneer acquires the land and then develops, leases and manages the shopping malls. The residential development segment develops and sells residential property. West Pioneer currently has three developments in Kalyan, Aurangabad and Nashik.
West Pioneer's first shopping mall, The Metro Centre, in Kalyan, 30 miles north-east of Mumbai is fully operational. Leasing at the mall stands at approximately 74 per cent, and the mall is operationally profitable and generating surplus cash. The residential development at Kalyan currently consists of two towers, which are under construction. Each tower consists of 178 apartments and as of 31 January 2011, a total of 267 apartments have been sold. The Company is nearing completion on the structure of Metro Plaza, the commercial office space development at Kalyan.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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