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Jersey Boat Show dates confirmed


THE FOURTH Jersey Boat Show, in association with Barclays Wealth, will take place over the first May Bank Holiday weekend in 2011, from 30 April to 2 May. The free community maritime event will be set around St Helier Harbour.


The event has grown in popularity since it first began. In 2010, an estimated 30,000 visitors attending in total, with 12,500 recorded as having visited the pontoons to take a closer look at exhibiting boats and vessels for sale. During the Boat Show in 2010, around £14,000 was raised for marine charities and Holidays for Heroes.


Guernsey leads latest Indian AIM listings


DATA direct from the London Stock Exchange (LSE) shows that Guernsey is increasingly being used as a domicile of incorporation for Indian entities listing on AIM. Figures from the LSE reveal that, of those Indian entities on AIM at the end of October 2010, the latest five to list have all been incorporated in Guernsey, including all three added during the year. The three listed during 2010 are


iEnergizer, Skil Ports & Logistics Ltd and Caparo Energy Ltd, who together have a market capitalisation of more than £500 million. These are in addition to Indian Energy Ltd that listed during 2009 and also Indus Gas Ltd, which listed in 2008 and has a market capitalisation of more than £800 million.


The other two Guernsey-incorporated Indian entities listed on AIM are private equity firm EIH plc and The Indian Film Company Ltd. Peter Niven, Chief Executive of Guernsey Finance, said: “This data is extremely encouraging. The trends we see indicate that Guernsey is now viewed as the jurisdiction of choice for incorporating Indian entities listing on AIM. In addition, we can see that these entities, operating principally in India and incorporated in Guernsey, are, in the main, sizeable companies and also spread across a broad range of sectors.”





December 2010/January 2011 businesslife.co 7


MATTHEW HOTTON


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