Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
US Stock Markets

| More

Clean Motion listed on Nasdaq First North stock exchange on 26th of May 2016

Posted On: 2016-06-05 20:05:12

Clean Motion AB's application for listing of its shares for the admission of trading on Nasdaq First North got approved by Nasdaq Stockholm AB last week. The trading started on May 26th. Before the listing, the subscription period was approximately 2.17 million USD. In total, the issued amount was 1.31 million USD. The subscription rate was thus approximately 600%. The board decided to take advantage of the subscription option, which meant that the issued amount was increased to 2.8 million.

Clean Motion AB is a Swedish Cleantech company that develops, manufactures and sells electric vehicles for a sustainable urban environment. The company's vision is to develop resource-efficient vehicle solutions based on the best available technology and make them available to all. The company's first product, Zbee, is a lightweight three-wheeled vehicle with extremely high energy-efficiency, which not only have a minimal impact on the climate, but also create a good economy.

- We're in a very exciting phase where we see the listing on Nasdaq as a natural step in our development. The interest in our public offering has been great. As Nasdaq now has approved our application for listing we look forward to the first day of trading which will attract an even greater interest in our activities both in Europe, Indonesia and India, said Göran Folkesson, CEO of Clean Motion.

- The public response in the IPO, which was oversubscribed by 600%, reflects that we are on the right path on building a sustainable business. The premium service that is offered in Gurgaon, India, can be replicated all across the country and the same model also has global potential. Zbee will make a great change into eco friendly everyday transport. I'm personally very pleased with the progress we have achieved so far and very excited about what we can achieve in the future, said Anil Arora, Country Head of Zbee India.

Given the huge population and pollution issues in India, the public transport system is under immense pressure to deliver clean and efficient solutions for urban mobility. There has been considerable progress by way of organized corporate public transport and metro rail services in major Indian cities. But their efficiency is limited by the lack of last and first mile connectivity to passenger destinations.

Zbee fits in as a perfect complement to these services. Rather than struggle with out-dated fossil fuel guzzlers, commuters now have a clean, safe and efficient way to get to their destination. Zbee has already started operating a premium cluster with a strategic tie up in DLF CyberHub, Gurgaon. Plans to expand rapidly to other formats such as The DLF Mall, Saket and Mall of India, Noida are in progress.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Strengthening labour market and firming up of economic activity allows US Fed to raise rates: Angel Broking
Cognizant Acquires Brilliant Service, a Japan-Based Intelligent Products and Solutions Company
Cognizant Named a Leader in Gartner Magic Quadrant for Managed Workplace Services in North America
NETGEAR Rolls out two industry-first series of ProSAFE(R) 10Gigabit (10G) switches
Genpact Schedules Earnings Announcement and Conference Call for First Quarter 2016 Results
Cisco Cloud Index Projects that Cloud Traffic in Middle East and Africa will quadruple by 2019
Bonnier Group Selects Cognizant For Finance and Accounting Services
New Cognizant Digital Healthcare Platform Drives Business Outcomes through Increased Consumer Engagement
Cognizant Named a Top Employer Across Europe for 2016 Based on Its Talent, Learning and Development Strategies
FedEx Cares Campaign Celebrated Across 34 Cities in India
Kuwait Oil Company Opts for Cisco Security Solutions for High-Security Network
NETGEAR Launches business product selector tool for Network management on Android and iOS Devices
Barracuda Introduces New Cloud Archiving Service
Etihad Airways Partners with Cognizant to Reimagine Digital Guest Experience Across the Group
NETGEAR flaunts R7000 Nighthawk AC1900 Smart WiFi Router with Enhanced Features
NETGEAR Founder & CEO Mr Patrick Lo unveils India growth plan
Cognizant Named to "Winner's Circle" for Internet of Things Service Providers in New HfS Research Report
Cognizant Named to Healthcare Payer Operations "Winner's Circle" in HfS Research Report
Red Hat Named a Leader in Mobile Infrastructure Services by Independent Research Firm
Johnson & Johnson India's 'I Pledge to Breastfeed' Campaign
Medtronic launches Resolute Onyx™ Drug-Eluting Stent in India
Barracuda Ranked Number One in Integrated Systems for Purpose Built Backup Appliance Units Shipped
Cognizant reaffirms 2015 Guidance
Red Hat Enterprise Linux for SAP HANA® Available on Amazon Web Services
Delhi Gourmet Club and Groupon India launch 'The Gourmet Studio'
Cognizant Partners with supermarket retailer NTUC FairPrice, Singapore
Cisco Embeds Security Everywhere Across the Extended Network Enabling Organizations
NETGEAR introduces 100% wireless HD Smart Home Security System in India
Cisco To Address Security Of Everything at IoTX 2015
Lumenis Deploys Cognizant's MedVantage
Cognizant Named a Top IT Infrastructure Transformation Consulting Provider by Kennedy Consulting Research and Advisory
Cisco Launches New Advanced Malware Protection Capabilities And Incident Response Services For Customers At GISEC 2015
StoreHippo commences Marketplace Integration for eBay and Amazon
Unisys Forward!Model 4150B Server Achieves Certification to Run on SAP HANA®
Dramatic Impact of Intelligent Process Automation; Software Robots Making Business Smarter - Cognizant Study
Consortium of More than 25 Airlines Chooses Unisys System to Manage Baggage Reconciliation Process at Australian Airports
Tryg Insurance Selects Cognizant
Cognizant Named a "Leader" in B2C Global Commerce Service Provider Report by Independent Research Firm
Unisys Teams with ServiceNow to Deliver New Integrated Service Management Solutions
NETGEAR AnnouncesReadyNAS 3130 Series Network Attached Storage devices
NETGEAR Builds Stronger SMB Networking With ProSAFE WC9500 Premium Wireless Controller
Unisys Announces Winners of Cloud 20/20 Version 6.0 Technical Project Contest
Family Dollar Deploys Cognizant's Cloud360 Platform to Boost Business Responsiveness and Drive Growth
Cognizant Recognized as "Market Leader" in Ovum Decision Matrix on Outsourced Testing Service Providers
NETGEAR pushes performance boundaries with ProSAFE® M6100 Chassis Series
Transcend Memory Cards win three years best seller award from Amazon Japan
NETGEAR launches India's first Wireless Tri-Band Router
Accenture to Expand Smart Grid Operations and Energy Trading and Risk Management Services Through Acquisition of Structure
Virat Kohli surpasses Sachin Tendulkar to take top spot on Twitter
NETGEAR ProSAFE® Premium Wireless Controller WC7600 Designed to Provide Seamless Wireless Network


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2017