CPK 0.00% 0.7¢ cp1 limited

Did I blink at the wrong time? What happened to the audited...

  1. 1,818 Posts.
    Did I blink at the wrong time? What happened to the audited financial report that was due to be lodged on the 5th November? Or are CPK keeping it under wraps until just before the AGM so no one has a chance to read it properly.

    ***********************************************************

    ASX Release 31 October 2008

    CP1 LIMITED (ASX: CPK)

    CP1 Limited (CP1) announces finance facility extension

    The Board of CP1 is pleased to confirm that the Company has
    negotiated an extension for its facility of $12 million until 27 February 2009. The facility was due for repayment on 27 November 2008. In addition, CP1 has negotiated an extension of the $100 million facility of its wholly owned subsidiary, Marina Cove Pty Ltd. This facility was due for repayment on 31 October 2008 and has been extended until 27 February 2009.
    The Board also anticipates that the CP1 will lodge its audited financial accounts on 5 November 2008.

    Extension to Contract for Sale of Land North of GCI Hotel

    Cira International Pty Ltd (Cira), a joint venture company owned by CP1 and Raptis Group, has agreed with Pandanus Beach Investments Pty Ltd to extend the due diligence period under the contract dated 26 September 2008 by 30 days. Settlement of the contract is expected to occur in late December. Cira will use the sale proceeds to retire debt.
    END
    For media enquiries contact:
    Angus Urquhart 03 9600 1979
    For shareholder enquiries contact:
    Theo Axarlis 03 9629 1777
    0402 575 684
 
watchlist Created with Sketch. Add CPK (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.