CIW 0.00% 35.0¢ clime investment management ltd

News: CIW Clime Investment updates on write back of tax liability amount

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    Feb 7 (Reuters) - Clime Investment Management Ltd (CIW) :

    • Following de-merger of Clime Pvt Ltd in late 2016, co wrote back deferred tax liability amount ($1.9 million) carried in books of CIW
    • Write back in relation to unrealised gains associated with co's investment in Jasco Holdings Ltd
    • written back tax laibility will have a positive effect on reported profits in six months to 31 December 2016
 
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