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Die News ist von gestern.
wäre bitte einer so gut und würde den Text in ein lesbares Deutsch übersetzen!? es lohnt sich
Merci.
RNS Number:0318P
Crown Corporation Limited
19 July 2005
CROWN
CORPORATION
CONFIRMATION OF BRAZILIAN CASH DEPOSITS
Crown Corporation (" Crown" or " the Company" ), the AIM-listed investment company,
announces that, following a trip to Brazil by Stuart Pearson, Chief Executive,
and Philip Wood, a non-executive Director, the Board announces further details
on the funds held by the Banco do Brasil, as shown in the recently issued Report
and Accounts.
Crown have received official written confirmation directly from the Banco do
Brasil (" the Bank" ) of Crown`s legal and beneficial ownership of the dollar term
deposits held in the name of the Company. The amounts held on 30th June 2005
were US$659.6m (#383.5m). The deposits are earning interest at 7.5% p.a. and are
free of all charges and liens.
Application is to be made for the deposits to be placed onto the Euroclear and
DTC trading and settlement platforms. These are expected to be processed and
completed within four weeks.
Current Brazilian Government foreign exchange regulations impose certain
restrictions on the export of funds as the overriding policy is to attract
inward investment into Brazil. However, various options for the repatriation of
the monies remain under discussion.
The Bank presented to the Directors a wide range of investment and business
opportunities in Brazil. Some of the propositions offered, such as marble,
granite and slate quarries, bio-diesel plants and a number of gold and silver
mines, are within the targeted areas of the Company`s strategic plan and the
Board will consider such investments. The Brazilian Government, through the
Bank, confirmed that it would also be able to make loans, at favourable rates,
available to the Company for agricultural, bio-diesel and soya projects.
The Bank also presented to Crown various real estate proposals in Europe. These
would entail the Company swapping deposits for assets and, once again, these
opportunities will be investigated.
The Board will consider carefully any proposition put to it but will not commit
funds to any proposal that does not meet the Board`s investment criteria.
At the Annual General Meeting to be held on Monday 25th July 2005, a resolution
to change the Company`s name to Langbar International Limited will be proposed.
19th July 2005
For further information, please contact:
Crown Corporation Limited Tel: 00 44 0 113 284 3838
Stuart Pearson, Chief Executive
Bankside Consultants Tel: 00 44 0 20 7367 8888
Michael Padley / Susan Scott
Further information on Crown Corporation is available on its website:
www.crowncorporation.com
This information is provided by RNS
The company news service from the London Stock Exchange
wäre bitte einer so gut und würde den Text in ein lesbares Deutsch übersetzen!? es lohnt sich
Merci.
RNS Number:0318P
Crown Corporation Limited
19 July 2005
CROWN
CORPORATION
CONFIRMATION OF BRAZILIAN CASH DEPOSITS
Crown Corporation (" Crown" or " the Company" ), the AIM-listed investment company,
announces that, following a trip to Brazil by Stuart Pearson, Chief Executive,
and Philip Wood, a non-executive Director, the Board announces further details
on the funds held by the Banco do Brasil, as shown in the recently issued Report
and Accounts.
Crown have received official written confirmation directly from the Banco do
Brasil (" the Bank" ) of Crown`s legal and beneficial ownership of the dollar term
deposits held in the name of the Company. The amounts held on 30th June 2005
were US$659.6m (#383.5m). The deposits are earning interest at 7.5% p.a. and are
free of all charges and liens.
Application is to be made for the deposits to be placed onto the Euroclear and
DTC trading and settlement platforms. These are expected to be processed and
completed within four weeks.
Current Brazilian Government foreign exchange regulations impose certain
restrictions on the export of funds as the overriding policy is to attract
inward investment into Brazil. However, various options for the repatriation of
the monies remain under discussion.
The Bank presented to the Directors a wide range of investment and business
opportunities in Brazil. Some of the propositions offered, such as marble,
granite and slate quarries, bio-diesel plants and a number of gold and silver
mines, are within the targeted areas of the Company`s strategic plan and the
Board will consider such investments. The Brazilian Government, through the
Bank, confirmed that it would also be able to make loans, at favourable rates,
available to the Company for agricultural, bio-diesel and soya projects.
The Bank also presented to Crown various real estate proposals in Europe. These
would entail the Company swapping deposits for assets and, once again, these
opportunities will be investigated.
The Board will consider carefully any proposition put to it but will not commit
funds to any proposal that does not meet the Board`s investment criteria.
At the Annual General Meeting to be held on Monday 25th July 2005, a resolution
to change the Company`s name to Langbar International Limited will be proposed.
19th July 2005
For further information, please contact:
Crown Corporation Limited Tel: 00 44 0 113 284 3838
Stuart Pearson, Chief Executive
Bankside Consultants Tel: 00 44 0 20 7367 8888
Michael Padley / Susan Scott
Further information on Crown Corporation is available on its website:
www.crowncorporation.com
This information is provided by RNS
The company news service from the London Stock Exchange
LONDON (AFX) - AIM-listed investment company Crown Corp Ltd said it is
considering options for its Brazilian cash deposits, which currently stand at
around 660 mln usd.
Brazil`s foreign exchange regulations restrict the export of funds as the
overriding policy is to attract inward investment into the country.
Crown said it is looking at various investment propositions, presented to it by
Banco do Brazil, including marble, granite and slate quarries, bio-diesel plants
and a number of gold and silver mines. The Brazilian government has said it is
willing to provide loans at favourable rates for investment agricultural, bio-
diesel and soya projects.
Crown is also looking at possibilities for repatriating the funds.
The company added that it plans to ask shareholders for approval for changing
its name to Langbar International Ltd at next Monday`s AGM.
newsdesk@afxnews.com
considering options for its Brazilian cash deposits, which currently stand at
around 660 mln usd.
Brazil`s foreign exchange regulations restrict the export of funds as the
overriding policy is to attract inward investment into the country.
Crown said it is looking at various investment propositions, presented to it by
Banco do Brazil, including marble, granite and slate quarries, bio-diesel plants
and a number of gold and silver mines. The Brazilian government has said it is
willing to provide loans at favourable rates for investment agricultural, bio-
diesel and soya projects.
Crown is also looking at possibilities for repatriating the funds.
The company added that it plans to ask shareholders for approval for changing
its name to Langbar International Ltd at next Monday`s AGM.
newsdesk@afxnews.com
LONDON (AFX) - Zielen-registrierte Investmentgesellschaft Crown Corp Ltd. sagte, daß es Wahlen für seine brasilianischen Bareinzahlungen betrachtet, die z.Z. um ungefähr 660 mln usd stehen. Brasiliens Devisenkursregelungen schränken den Export der Kapital ein, da die überlaufende Politik, innere Investition in das Land anzuziehen ist. Krone sagte, daß sie die verschiedenen Investitionangelegenheiten betrachtet, dargestellt ihr von Banco tut Brasilien, einschließlich Marmor-, Granit- und Schiefersteinbrüche, Bio-dieselbetriebe und eine Anzahl von Gold und Silbergruben. Die brasilianische Regierung hat gesagt, daß es bereit ist, Darlehen mit vorteilhafter Rate für die Investitionlandwirtschaftliche, Bio-diesel- und Sojabohnenölprojekte zur Verfügung zu stellen. Krone betrachtet auch Möglichkeiten nach dem Repatriieren der Kapital. Die Firma addierte, daß sie plant, Aktionäre um Zustimmung für das Ändern seines Namens zu Langbar internationaler Ltd. an AGM folgenden Montages zu bitten.
660mil einfach sensationell
heftigst unterbewertet.
heftigst unterbewertet.
Crown ist für mich ebenfalls der Hammer; bin schon längst drin;halte bis 3,20 Euro.
Genauso heiss wie Intercell!!!
Mich aber nicht falsch verstehen(halte nichts von rein raus
ist mir zu viel streß).
Genauso heiss wie Intercell!!!
Mich aber nicht falsch verstehen(halte nichts von rein raus
ist mir zu viel streß).
einfach ins Depot legen und bei 3,50 verkaufen.
so siehts aus
es geht weiter hoch
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