MoneyWorks4Me

Coffee Day’s step-down subsidiary divests 40.50% stake in its subsidiaries

23 Feb 2017 Evaluate

Coffee Day Enterprises’ step-down subsidiary ‘AlphaGrep Holding HK’ has divested 4050 shares or 40.50% stake in its subsidiary namely Lighthouse Financial Technologies [formerly known as AlphaGrep Technologies (AG TECH)] and its subsidiaries Lighthouse Financial HK [Formerly known as Alpha Grep HK (AG HK)] and Lighthouse Financial Trading [Formerly known as AlphaGrep Trading (AG TL)] with effect from February 21, 2017.

Coffee Day Enterprises is the parent company of the Coffee Day Group, which houses Cafe Coffee Day that pioneered the coffee culture in the chained cafe segment in India.

 

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