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Peace Map Holding Ltd announces completion of the disposal


Friday, 20 Dec 2013 06:59am EST 

Peace Map Holding Ltd:Refers to the announcement made on Sept. 16, in relation to, among other things, the disposal.Says all conditions precedent to completion have been fulfilled and completion of the disposal took place on Dec. 20 in accordance with the terms of the Disposal Agreement.Says the consideration was settled by way of set-off in full against the outstanding principal amount of the Promissory Note together with all the interest accrued thereon as at completion and the promissory note has been cancelled forthwith upon Completion.Says following completion, the company ceases to hold any shareholding interest in the Disposal Group. 

Company Quote

0.3
-0.025 -7.69%
31 Oct 2014