Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
ESAF Small Finance Bank (ESAFSFB from hereon) aims to raise up to US$150m in its India IPO. Its roots can be traced back to the 90’s even though the bank was incorporated in May 2016 and commenced its business in Mar 2017. ESAFSFB focuses on financial inclusion via providing microfinance loans. As of Nov 2019, it had operations in 16 states and one union territory. Through its 403 branches and 38 ultra-small branches, it has served over 3.73m customers. ESAFSFB has grown its loan book by 3....
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