ุฅูุง ููู ูุฅูุง ุฅููู ุฑุงุฌุนูู C'est une calamitรฉ qui touche les musulmans ces jours-ci ! Voilร que nous avons perdu il y a quelques jours notre Sheykh 'Obayd al-Jรขbirรฎ et voilร que maintenant nous apprenons avec une immense tristesse le dรฉcรจs du noble Sheykh, le grand savant Sheykh Abderrahman Mouhyรฎ ad-din. Qu' Allah lui fasse misรฉricorde et lui ouvre les portes de Son vaste paradis
ุฅูุง ููู ูุฅูุง ุฅููู ุฑุงุฌุนูู C'est une calamitรฉ qui touche les musulmans ces jours-ci ! Voilร que nous avons perdu il y a quelques jours notre Sheykh 'Obayd al-Jรขbirรฎ et voilร que maintenant nous apprenons avec une immense tristesse le dรฉcรจs du noble Sheykh, le grand savant Sheykh Abderrahman Mouhyรฎ ad-din. Qu' Allah lui fasse misรฉricorde et lui ouvre les portes de Son vaste paradis
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Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
At a time when the Indian stock market is peaking and has rallied immensely compared to global markets, there are companies that have not performed in the last 10 years. These are definitely a minor portion of the market considering there are hundreds of stocks that have turned multibagger since 2020. What went wrong with these stocks? Reasons vary from corporate governance, sectoral weakness, company specific and so on. But the more important question is, are these stocks worth buying?
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