Overview
FastForward Innovations (formerly Kuala Innovations, before that Kuala Limited and before that China Growth Opportunities : CGOP) will invest in and/or buy companies that have significant intellectual property rights which they are seeking to exploit, principally within the technology sector and the life sciences sectors. Initially the geographical focus will be North America and Europe, but investments may also be considered in other regions where the Board considers that valuable opportunities exist and positive returns an be achieved.
The fund’s website can be found here.
Fundamentals
Price
Research History
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16 Oct 2020 15 min read
QuotedData’s Investment Companies Quarterly Review – Third Quarter 2020
Investment Companies Quarterly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents In this issue Performance data Positive movers Negative movers Discounts and premiums Getting more expensive Getting cheaper Money in and out Money in Money out Major news stories Upcoming Events New research Guide The legal bit Stubborn resistance The end […]
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09 Oct 2020 9 min read
QuotedData’s Investment Companies Roundup – October 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research Performance data Discounts and premiums Money in and out Major news stories Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over September: Standard Life Investments Property Income Trust – […]
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10 Sep 2020 8 min read
QuotedData’s Investment Companies Roundup – September 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research Performance data Discounts and premiums Money in and out Major news stories Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over August: Aberdeen New Dawn – COVID positive “In […]
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07 Oct 2019 8 min read
QuotedData’s economic roundup – October 2019
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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04 Apr 2019 2 min read
QuotedData’s investment companies roundup – April 2019
QuotedData’s investment companies roundup – April 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of March 2019. Kindly sponsored by Baillie Gifford. JPMorgan Indian, India Capital Growth, Aberdeen New India and Ashoka India Equity Investment […]
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18 Jan 2019 1 min read
QuotedData’s investment companies roundup – January 2019
QuotedData’s investment companies roundup – January 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of December 2018. Kindly sponsored by Baillie Gifford. Extract from money raised and returned in December The only new issue […]
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13 Nov 2018 1 min read
QuotedData’s investment companies roundup – November 2018
QuotedData’s investment companies roundup – November 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of October 2018. Kindly sponsored by Baillie Gifford. Winners and losers in October In what was generally a miserable month for equity markets, Brazil shone […]
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16 Oct 2018 2 min read
Quarterly Investment Companies Roundup – Third Quarter 2018
Quarterly Investment Companies Roundup – Third Quarter 2018 Global equities delivered positive returns over the third quarter of 2018. This was principally because of strength in the US market. Political uncertainty and concerns about global trade held back other regions. Generally, government bond yields rose over the quarter. The UK equity market fell as the Bank of […]
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12 Oct 2018 1 min read
QuotedData’s investment companies roundup – October 2018
QuotedData’s investment companies roundup – October 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in September Trian Investors 1 is a new fund that will adopt […]
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14 Sep 2018 1 min read
QuotedData’s investment companies roundup – September 2018
QuotedData’s investment companies roundup – September 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in August GRIT Real Estate Income floated on the UK Stock Exchange in […]
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15 Aug 2018 2 min read
QuotedData’s investment companies roundup – August 2018
QuotedData’s investment companies roundup – August 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of July 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in July Tritax EuroBox raised its maximum target of £300 million in an […]
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18 Jul 2018 2 min read
Quarterly Investment Companies Roundup – Second Quarter 2018
QUARTERLY INVESTMENT COMPANIES ROUNDUP – SECOND QUARTER 2018 Global equities markets rose in the second quarter of 2018, Markets were volatile, as positive economic data and encouraging company performances played off against geopolitical concerns. Yields from bond markets rose early in the quarter but fell back as investors turned to ‘safer’ investments. The threat of […]
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11 Jul 2018 1 min read
QuotedData’s investment companies roundup – July 2018
QuotedData’s investment companies roundup – July 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of June 2018. Kindly sponsored by Baillie Gifford. July Investment Companies Roundup Money raised and returned in June Newcomer to the market, Yew Grove […]
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11 Jun 2018 2 min read
QuotedData’s investment companies roundup – June 2018
QuotedData’s investment companies roundup – June 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of May 2018. Kindly sponsored by Baillie Gifford. The premium of biotech company, Syncona, rose on positive news on two of its […]
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25 Apr 2018 2 min read
Quarterly investment companies roundup – First quarter 2018
Quarterly investment companies roundup – First quarter 2018 Quarterly investment companies roundup – First quarter 2018 – Global equity markets declined in the first quarter of 2018. Concerns about US interest rate rises were the feature of the first half of the quarter. However, worries about global trade took over in the second part, particularly […]
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13 Mar 2018 2 min read
QuotedData’s investment companies roundup – March 2018
QuotedData investment companies roundup – March 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of February 2018. Kindly sponsored by Baillie Gifford. Equity markets continued to run up in early February, supported by strong corporate earnings […]
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07 Feb 2018 2 min read
QuotedData investment companies roundup – February 2018
QuotedData investment companies roundup – February 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of January 2018. Kindly sponsored by Baillie Gifford. The oil price was up again over the month and this helped propel […]
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10 Jan 2018 2 min read
QuotedData investment companies roundup – January 2018
QuotedData investment companies roundup – January 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of December 2017. Kindly sponsored by Baillie Gifford. January Investment Companies Roundup Winners and losers in December Infrastructure India’s share price […]
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11 Dec 2017 2 min read
QuotedData investment companies roundup – December 2017
QuotedData investment companies roundup – December 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2017. Kindly sponsored by Baillie Gifford. December Investment Companies Roundup Money raised and returned in November There were no […]
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10 Nov 2017 2 min read
QuotedData investment companies roundup – November 2017
QuotedData investment companies roundup – November 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of October 2017. Kindly sponsored by Baillie Gifford. November Investment Companies Roundup Globalworth Real Estate’s discount was eliminated after it announced […]
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19 Oct 2017 2 min read
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
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14 Sep 2017 2 min read
QuotedData investment companies roundup – September 2017
QuotedData investment companies roundup – September 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2017. Kindly sponsored by Baillie Gifford. September Investment Companies Roundup Winners and losers in August Ashmore Global’s […]
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16 May 2017 2 min read
QuotedData investment companies roundup – May 2017
QuotedData investment companies roundup: Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of April 2017. Kindly sponsored by Baillie Gifford. Money in: The only new launch in April was EJF Investments, a £69m fund trying to take advantage of […]
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14 Feb 2017 1 min read
QuotedData investment companies roundup – February 2017
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of January 2017. Kindly sponsored by Baillie Gifford. February Investment Companies Roundup
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31 Jan 2017 1 min read
QuotedData – 2016 review of the year
Our review of 2016 includes performance data, significant moves in discounts and premiums, money raised and money handed back, major news stories and links to the research we have published including our guide to investment companies. 2016 Annual roundup
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27 Oct 2016 1 min read
Quarterly investment companies roundup – Third quarter 2016
Q3 saw the market adapt to life post the UK’s EU referendum. Sterling continued to fall but most stock markets stabilised and discounts narrowed across most sectors. While the US election is dominating headlines, it does not seem to be having much impact on markets so far. q3-quarterly-roundup
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13 Oct 2016 1 min read
QuotedData investment companies roundup – October 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of September 2016. october-investment-companies-roundup
News
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01 Mar 2021 3 min read
QuotedData’s morning briefing 1 March 2021
In QuotedData’s morning briefing 1 March 2021 – SDCL Energy Efficiency Income (SEIT) noted that further to its announcement on 24 December 2020, it has completed the acquisition of a series of portfolios of commercial and industrial on-site solar and energy storage projects in the United States, together with a 50% interest in the platform that has […]
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01 Feb 2021 2 min read
QuotedData’s morning briefing 1 February 2021
In QuotedData’s morning briefing 1 February 2021 – BlackRock Income and Growth (BRIG) reported annual results to 31 October 2020. During the year the company’s NAV per share returned -16.7%. At the share price level, the company returned -14.8% over the period. As at 28 January 2021, since the year-end BRIG’s NAV and share price have […]
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13 Oct 2020 2 min read
QuotedData’s morning briefing 13 October 2020
In QuotedData’s morning briefing 13 October 2020 Seneca’s manager changing hands – Seneca Global Income & Growth says Momentum Global Investment Management plans to buy Seneca Investment Managers. The board is happy with this move as the two share a similar investment approach. SDCL Energy Efficiency has launched an £80m placing – it hopes to issue […]
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26 Aug 2020 5 min read
Medical cannabis a bright spot in FastForward Innovations results
The private equity sector company FastForward Innovations (FFWD), disruptive high growth businesses with near-term re-rating potential, has reported annual results to 31 March 2020. The net assets of the company were 8.8p, as at 31 March 2020, which represented a (25.3%) decline over the year. Highlights from FFWD’s investment portfolio Leap Gaming (gaming) delivered a 95% […]
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05 Aug 2020 3 min read
QuotedData’s morning briefing 5 August 2020
In QuotedData’s morning briefing 5 August 2020: SEGRO (SGRO), the £11.5bn market cap REIT focused on modern warehouses and light industrial property, announced results covering the interim period to 30 June 2020. Adjusted pre-tax profit of £140.4m, represented an increase of 6.5% year-on-year. Adjusted NAV per share increased by 2.6% over the six-month period, helped by an […]
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22 Jun 2020 1 min read
FastForward Innovations’s Factom holding files for Chapter 11
FastForward Innovations (FFWD) has announced that investee company, Factom, has filed for has filed for a Chapter 11 reorganisation. Factom is a blockchain-focused company, which FFWD invested into in 2018. FFWD notes that such a re-organisation includes an application for the ‘writing off’ of various debts of Factom, including FFWD’s $6m SAFE note. FFWD’s interest in Factom is divided […]
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26 May 2020 2 min read
QuotedData’s morning briefing 26 May 2020
In QuotedData’s morning briefing 26 May 2020, as the lockdown begins to ease: FastForward Innovations says its medicinal cannabis investment, Emmac Life Sciences will manufacture product for a clinical trial as part of a Consortium led by the University of Valencia. The clinical trial in COVID-19 patients will use the T12 molecule to prevent disease progression […]
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01 Apr 2020 1 min read
QuotedData’s morning briefing 1 April 2020
In QuotedData’s morning briefing 1 April 2020 – It has now been confirmed that the UK’s largest banks are suspending dividend payments. Separate statements from Lloyds, RBS, Barclays, HSBC, Santander and Standard Chartered last night noted that they would not proceed with paying out dividends for 2019, nor engage in share buybacks. We published an update […]
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18 Feb 2020 1 min read
QuotedData’s other news 18 February 2020
In QuotedData’s other news 18 February 2020 – FastForward Innovations (FFWD) said that investee company, EMMAC Life Sciences (FFWD owns a 2.4% stake), had become the first European company to export medical cannabis to Israel. The company has successfully exported 400 kilograms of medical cannabis to Israel, to the Bazelet Group, the largest medical cannabis company in Israel. […]
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08 Jan 2020 1 min read
FastForward Innovations sells bond holdings in Cryptologic following cannabis pivot
FastForward Innovations (FFWD) invests in disruptive high growth technology and life sciences businesses. The company has this morning announced that it has completed the sale of its entire holding of debentures in Canada’s Cryptologic (formerly Vogogo) for around C$1.5m. Cryptologic seeks cannabis pivot As per announcements made by Cryptologic in August and September of 2019, Cryptologic, is seeking to […]
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07 Jan 2020 2 min read
QuotedData’s other news 7 January 2020
In QuotedData’s other news 7 January 2020 Standard Life Investments Property Income Trust (SLIPIT) has completed the sale of a single let office building in Staines. The 26,300 square foot building was sold for a net price of £10.7m, reflecting an equivalent yield of 5.7%. The property had recently been relet after SLIPIT took a surrender […]
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11 Dec 2019 3 min read
QuotedData’s other news 11 December 2019
In QuotedData’s other news 11 December 2019 – UK growth & income company, Edinburgh Investment Trust (EDIN) has decided to replace Invesco as manager (Mark Barnett is the lead manager) and has today announced that it has entered into heads of terms for the appointment of Majedie Asset Management (Majedie). The appointment of Majedie as EDIN’s […]
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16 Oct 2019 1 min read
QuotedData’s other news 16 October 2019
In QuotedData’s other news 16 October 2019 – SQN Secured Income (SSIF) reported annual results to 30 June 2019. The shares were up 8.2% on a total return basis, while the NAV increased 4.4%. The company said that its income stability over the year was a testament to the uncorrelated nature of the assets that […]
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07 Aug 2019 1 min read
QuotedData’s other news 7 August 2019
In QuotedData’s other news 7 August 2019 – Hansa Trust will be kicked out of UK indices on liquidity grounds (free float too small) when it redomiciles to Bermuda, putting some selling pressure on the stock. Effective date 29 August 2019. FastForward may have to sell its stake in Cryptologic after that company said it would […]
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25 Jul 2019 1 min read
QuotedData’s other news 25 July 2019
In QuotedData’s other news 25 July 2019: FastForward Innovations (FFWD), which typically invests in companies that it perceives as having significant intellectual property rights, has agreed to an extension (to 31 July 2019) of the terms of its simple agreement for future equity (SAFE) with Factom, an Austria-based blockchain technology company. FFWD describes Factom as specialising […]
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12 Jul 2019 1 min read
QuotedData’s other news 12 July 2019
In QuotedData’s other news 12 July 2019 FastForward Innovations has swapped its stake in Intensity Therapeutics for shares in Portage Biotech, a Canadian listed company part-owned by Jim Mellon (a director of FastForward). Portage has no revenue but the value of the Portage shares FastForward is getting implies a small uplift in FastForward’s NAV. Aberdeen Standard […]
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14 May 2019 1 min read
QuotedData’s other news 14 May 2019
FastForward Innovations has announced that it has sold part of its stake in Vemo Education Inc. for a cash consideration of US$442,235.33. FastForward has sold its Series seed-1 preferred holding of 2,527,059 shares and is left with a holding of 1,000,000 Series seed-2 preferred shares (0.47% of Vemo). The series 2 share class enjoys significantly preferential […]
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08 Mar 2019 3 min read
FastForward invests in EMMAC Life Sciences
FastForward invests in EMMAC Life Sciences – FastForward Innovations Limited has subscribed for 6,666,667 new shares in EMMAC Life Sciences at a price of GBP0.30 per share for total consideration of GBP2 million. The deal was part of a GBP11 million funding round completed by EMMAC), bringing the total funds raised by EMMAC at GBP0.30 to GBP17 […]
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07 Aug 2018 2 min read
Investment Trust Insider on Syncona
Investment Trust Insider on Syncona James Carthew: the problem with Syncona’s big premium Regular readers of this column will have realised that I often have as much of a problem with investment trusts trading on very high premiums as I do with trusts trading on very wide discounts. I explained a couple of weeks ago […]
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23 Jul 2018 9 min read
FastForward into Factom and Intensity Therapeutics
FastForward into Factom and Intensity Therapeutics – FastForward Innovations has advanced US$6 million to Factom, which will be converted into equity at a future date at a 25 percent discount to the price of Factom’s proposed Series B fundraising (terms yet to be announced). In addition, the xompany has the right to invest up to an additional US$9 million, […]
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08 Jan 2018 2 min read
FastForward share price soars to multiple of NAV
FastForward share price soars to multiple of NAV – what are they smoking? FastForward announced its interim results on 28 December which showed that its NAV at the end of September 2017 was 9.18p. Jim Mellon, the chairman, said “While our continued premium to net asset value suggests that our investor base still sees our […]
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15 Dec 2017 2 min read
FastForward’s Nuuvera aiming to be Canada’s leading low cost Cannabis producer
FastForward Innovations has announced that a transaction involving its investee company Nuuverra Corp, in which FastForward has an effective holding of 3.75%, has received conditional approval from the TSX Venture Exchange. In summary, Mira IX Subco Inc., a wholly-owned subsidiary of Mira IX, will amalgamate with Nuuvera. Prior to closing of the Transaction, it is […]
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07 Dec 2017 1 min read
FDA OK for Alexion’s Soliris in myasthenia gravis
FDA OK for Alexion’s Soliris in myasthenia gravis US approval for Alexion’s complement inhibitor Soliris in anti-acetylcholine receptor antibody-positive generalised myasthenia gravis could double the market for a product that is already selling $3bn/year, if some of the most optimistic sell-siders are to be believed. Soliris, which is famously one of, if not the, most […]
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10 Oct 2017 1 min read
Investment trust insider on industrial property prices
James Carthew: has Tritax paid too much as Hansteen hands back cash? In the past week we have seen a very large tender offer from Hansteen Holdings (HSTN), a real estate investment trust specialising in industrial property, and a deal where Tritax Big Box (BBOX) bought a large logistics facility from LondonMetric Property (LMP). Hansteen […]
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15 Aug 2017 3 min read
Fast Forward’s Schoold merging with Lingo Media
Fast Forward’s Schoold merging with Lingo Media – FastForward is pleased to announce that investee company, Vested Finance inc (trading as Schoold Inc) in which FastForward has an equity interest of 11.6%, has announced that it has now approved a definitive agreement dated August 10, 2017 to combine in a merger of equals through an all-stock […]
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09 May 2017 1 min read
Investment Trust Insider on FastForward Innovations
This week I thought I would take a look at FastForward Innovations (FFWD). It is not the biggest fund with a market value of £16.8 million, but it does live up to its name as the company and its portfolio is evolving constantly. FFWD is a Guernsey-domiciled investment company born from the ashes of China Growth Opportunities and […]
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05 Apr 2017 1 min read
FastForward Innovations sells entire holding in Blue Star
FastForward Innovations has announced that it has sold out its entire holding of 268,213,880 shares of Blue Star Capital PLC for a cash consideration (after costs) of £305,763. The shares of Blue Star were acquired as consideration for the sale of FastForward Innovations’s holding SatoshiPay Ltd (SatoshiPay), which was announced on 2nd March 2017. The […]
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07 Mar 2017 3 min read
FastForward invests in Nuuvera
FastForward Innovations Limited, has today subscribed C$3 million for an approximate 4.7 per cent. equity interest in Nuuvera Corp., a Canadian incorporated private company focused on medicinal marijuana opportunities. FFWD has subscribed as part of a C$43.65 million fundraise that Nuuvera has now closed. Nuuvera is a newly incorporated Canadian company that has been incorporated […]
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02 Mar 2017 2 min read
FastForward to exchange its Satoshi stake for Blue Star shares
FastForward Innovations Ltd has today reached agreement with Blue Star Capital PLC to sell its entire holding of 1,471 shares in investee company SatoshiPay Ltd. The disposal is conditional on Blue Star’s shareholders approving the issue of 268,213,880 consideration shares as the consideration will be satisfied via the issue of new shares in Blue Star. The price […]
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07 Feb 2017 1 min read
All trust sectors bar one made money in ’16
UK Smaller Companies was the only investment sector to lose money in 2016 despite a turbulent political and economic landscape, new research has revealed. See more here
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15 Nov 2016 1 min read
UIL, Industrial Multi Property Third Quarter Winners – QuotedData
LONDON (Alliance News) – The best performer in both price and net asset value terms in the third quarter was UIL Ltd, boosted by its largest investment, Australian-listed Resolute Mining Ltd, which benefited from a strong gold price. Industrial Multi Property Trust PLC and Kubera-Cross Border Fund Ltd both saw recoveries in their share price […]
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28 Jul 2016 2 min read
FastForward invests in Moon Active
Fast Forward Innovations Limited has announced that it has acquired 5.9 per cent. of the issued shares (on a fully diluted basis) of Israel-based private company Moon Active Ltd., a developer of social multi-player casual games. The acquisition was of Moon Active shares (the “Subscription Shares”) at a price of US$22.78 per Subscription Share for total […]
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14 Jul 2016 1 min read
FastForward considering investment in gaming technology
The Board of FastForward is pleased to provide the following strategic update to its shareholders. The Company believes that there are exceptional opportunities available to it in the gaming technology sector. These opportunities are available to the Company largely because of the network of the Company’s Board of Directors, advisers and large shareholders. The Company […]
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24 May 2016 6 min read
FastForward reports on transformative year
FastForward has published accounts for the year ended 31 March 2016. This has been a transformative year for the company as it adopted a new investment strategy. The net assets of the Company at 31 March 2016 were £10,277,000 (2015: £463,000), equal to 7.85p net assets per Ordinary Share (2015: 1.69p net assets per Ordinary Share). The share […]
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18 Apr 2016 1 min read
Best and worst performing investment trusts: Unloved commodity, Brazil and Russia funds finally come good
Recovery in commodity prices has boosted investment trusts specialising in the sector Investors also hoping for Brazil revival if leader Dilma Rousseff is ousted Biotech and healthcare hit by fears Democrat party will squeeze drug prices if they win the US http://www.thisismoney.co.uk/money/investing/article-3542148/Unloved-commodity-Brazil-Russia-funds-finally-come-good.html
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11 Apr 2016 3 min read
FastForward invests in Leap Gaming
FastForward Innovations has announced that it has subscribed for 29.4 per cent. (on a fully diluted basis) of Nevis incorporated private company,Frails LLC, the sole owner of a subsidiary providing and developing gaming products and technology with a focus on Virtual Sports and Virtual Casino products, trading under the brand “Leap Gaming”. Leap partners with top-tier […]
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26 Jan 2016 3 min read
FastForward purchases stake in Schoold
FastForward continues to build its portfolio, announcing today a $1m purchase of a 9.1% stake in Vested Finance Inc., an education technology provider trading under the brand “Schoold”. Vested Finance is the developer and owner of the “Schoold” mobile technology application, a big-data driven College & career counsellor App focused on higher education and career options […]
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13 Nov 2015 1 min read
Kuala Innovations trading at enormous premium
Kuala Innovations has published interim figures covering the six months to the end of September 2015. Over the six months the NAV rose from 1.69p to 2.57p. the company made a loss for the period of 0.46p. The uplift largely reflects share issues the company made at 5p per share during the period. Since then the company has […]
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29 Oct 2015 1 min read
Kuala Innovations changing its name (again!)
Having successfully implement its investment policy in accordance with Rule 15 of the AIM rules, Kuala Innovations has fully invested all the money it had available. The Directors have proposed that the Company change its name to Fast Forward Innovations Limited (subject to shareholder approval) seemingly calling itself after Jim Mellon’s book “Fast Forward”. KUL […]
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06 Oct 2015 2 min read
Kuala takes stake in Intensity Therapeutics
The Board of Kuala Innovations Limited has announced that it has subscribed for a 3.5 per cent. interest in Delaware incorporated private company Intensity Therapeutics, Inc. The Company has subscribed for 250,000 Preferred Series A Shares of Intensity Therapeutics (“Subscription Shares”) at a price of US$2.00 per Subscription Share, for total cash consideration of US$500,000. […]
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21 Sep 2015 2 min read
Kuala Innovations takes stake in SatoshiPay
Kuala Innovations has subscribed for 1,471 ordinary shares of SatoshiPay at a price of EUR108.76 per SatoshiPay Share, for total cash consideration of EUR159,985.96. At the price paid by the Company, SatoshiPay has an aggregate value of approximately EUR1.6 million. SatoshiPay is developing a two-way payment platform, which will enable online content providers to monetise […]
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07 Sep 2015 3 min read
Kuala Innovations makes first investment
Kuala Innovations Limited has announced the acquisition of a 4.9% interest in the issued shares of UK incorporated private company The Diabetic Boot Company Limited. In aggregate, Kuala has acquired 25,978 ordinary shares of The Diabetic Boot Company at a price of £13.37 per share, for total consideration of £347,324, valuing the whole company at £7.05m. Regent […]
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14 Jul 2015 4 min read
Kuala to invest in intellectual property
Kuala has announced that it wants to change its investment policy and it has appointed Jim Mellon as an executive director. “The Board proposes to invest in and/or acquire companies which have significant intellectual property rights which they are seeking to exploit, principally within the technology sector (including digital and content focused businesses) and the life sciences sectors […]
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18 Jun 2015 1 min read
Uncertain future for Kuala
Kuala Limited has announced results for the year ended 31 March 2015. This period includes its conversion from being a fund focused on investments in China to being a fund focused on investments in the natural resources and energy sector, particularly in Africa. The company’s last Chinese investment (Wan Wei) has been struck off and is […]
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20 Oct 2014 1 min read
China Growth Opportunities closer to restoring trading
CGOP : China Growth Opportunities closer to restoring trading China Growth Opportunities, which has been suspended from trading since 13 October 2014 when its nominated adviser resigned, is posting an AGM notice to shareholders. On 6 November shareholders will be asked to approve a new investment policy alongside a Waiver of Rule 9 of the […]
