Global Fixed Income Realisation Ltd Portfolio Update (1602P)
29 August 2017 - 6:38PM
UK Regulatory
TIDMGFIR
RNS Number : 1602P
Global Fixed Income Realisation Ltd
29 August 2017
STOCK EXCHANGE ANNOUNCEMENT
For immediate release 29 August 2017
GLOBAL FIXED INCOME REALISATION LIMITED
(a closed-ended investment company incorporated in Guernsey with
registration number 45717)
Portfolio Update
The Board has been advised by the administrator of 3D Propco
Limited ("the Fund") that the underlying asset, the Bintan Lagoon
Resort ("BLR") in Indonesia has been sold. The directors of the
Fund are working with their advisors to ensure "the efficient and
timely winding down of the Fund with all distributions expected to
be paid within the next 60 to 90 days". The Board stresses that it
has received no other details as yet, in particular what the
proceeds of sale of the BLR were and what the distributions to Fund
holders are expected to be.
A further announcement will be made in due course once more
detailed information is available.
Enquiries
Numis Securities Limited
Nathan Brown +44 (0)20 7260 1000
n.brown@numis.com
Praxis Fund Services Limited
01481 737600
This announcement has been issued through the Companies
Announcement Service of
the Irish Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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August 29, 2017 04:38 ET (08:38 GMT)
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