DUPD gives update on Arricano investment | 5 August 2013 | Stock Market Wire:
"Dragon-Ukrainian Properties & Development has given an update on its investment in Arricano Real Estate which last week confirmed it intends to seek admission to AIM.
DUPD says Arricano and its subsidiaries are among the leading real estate developers in Ukraine and specialise in operating shopping centres.
Arricano is engaged in all cycles of retail real estate development, from acquisition of land plots for development to delivery and operation of shopping centres. DUPD's final results announcement for the year ended 31 December 2012, released on 2 May 2013, stated that Arricano was considering an IPO in 2013. DUPD holds a 16.67% direct interest in Arricano, equating to 10,770,000 ordinary shares. DUPD also holds a 20% interest in Weather Empire, which DUPD acquired last month. "
'via Blog this'
No comments:
Post a Comment