Lindeteves-Jacoberg Limited

Lindeteves-Jacoberg Limited (LJL), based in Singapore, is an investment holding company which provides management services to its subsidiaries.

As of April 2007,^[1] more than 50% of its shares have been acquired by Austria Antriebstechnik AG (ATB) and its marketing services subsidiary is in voluntary liquidation (liquidation bankruptcy).

[edit] References

^ Lindeteves-Jacoberg Limited: Summary. Google Finance (April 2007). “Lindeteves-Jacoberg Limited is an investment holding company which provides management services to its subsidiaries. The Company is organized into two main business segments: Motor, which is engaged in the manufacture and distribution of electric motors and components, and Non-motor power generation, which is engaged in power supply through small-scale independent power plants. The Company has a 51% equity interest in Brook Crompton Greaves Ltd (BCG), which is engaged in the manufacture and marketing of electric motors in India.
“Subsequent to the acquisition of the Company’s majority shares by ATB Austria Antriebstechnik AG (ATB) during the year ended December 31, 2006, ATB became the immediate holding corporation of the Company. In September 2006, Lindeteves Marketing Services Pte Ltd (LMS), a wholly owned subsidiary of the Company, was placed in members' voluntary liquidation.”