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Fairfax India Holdings Corp T.FIH.U

Alternate Symbol(s):  FFXDF

Fairfax India Holdings Corporation is a Canada-based investment holding company. The Company's investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, India. The Company makes its investments either directly or through one of its wholly owned subsidiaries based in Mauritius, FIH Mauritius Investments Ltd (FIH Mauritius) and FIH Private Investments Ltd (FIH Private). The Company, through its subsidiaries, holds investment in the Bangalore International Airport Limited, Sanmar Chemicals Group, Seven Islands Shipping Limited, and more. The Company's portfolio manager is Hamblin Watsa Investment Counsel Ltd.


TSX:FIH.U - Post by User

Post by cactionalphaon Sep 03, 2019 11:06am
210 Views
Post# 30090316

CSB

CSB In August, VCCircle reported that the Watsa-controlled Fairfax was sitting on stellar returns in the Kerala-based CSB Bank Ltd as it prepared to go public. The draft red herring prospectus filed by the company showed that Fairfax had invested around Rs 1,207.68 crore in it. Fairfax, which acquired a 51% stake in CSB last year, will not sell any shares in the proposed IPO.
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