Firms invested Rs 7 m in MedPoint

The State Investment Corporation (SIC) and SICOM Ltd will be eligible to a return on investment according to their respective shareholding in MedPoint Ltd. The SIC invested Rs 5 million in MedPoint, representing 50,000 shares at Rs 100 each in 1993 while SICOM Ltd invested 20,000 shares costing Rs 2 million in the same year. [...]

22 Jun 2011, The Independent Daily