08 June 2006
As a reaction to a press article in The Belgian newspaper De Tijd on June 8,
2006, Wereldhave Belgium has published the following release:
As a reaction to the press article in the 'De Tijd' of June 8, 2006, which we
regret, we have the following announcement to make.
As mentioned in the article, Comm. VA Wereldhave Belgium is engaged in a legal
procedure which relates to both the Company and some of its officers. The reason
to engage Wereldhave Belgium in this procedure is the sale in 1993 of the shares
of a company, part of the Wereldhave group.
The cash company was the result of liquidation and split-up of MLO LTD N.V. in
Seceurimmo N.V. and MLO N.V. (Wereldhave Belgium N.V.). The latter was merged
with Comm. V.A. Wereldhave Belgium. The Belgian tax authorities contest the
fiscal neutrality of the split-up and have made supplementary charges in company
tax and advance income assessments. In addition, a penal complaint was filed.
Wereldhave Belgium contests the validity of the Belgian tax claims and the
prosecution and is convinced to have complied with all applicable laws and
It is emphasized that the full amount of the contested tax charges have been
guaranteed by the Dutch companies Wereldhave N.V., MLO Interned B.V. and MLO
Judicial investigations are ongoing since additional acts of investigation were
required and, against the suggestion in the article, these investigations have
not been finished. In addition the company emphasizes that the case is in the
process of investigations and has not been brought before the chamber of the
Court. The company is confident that that the final charge will be amended.
Wereldhave N.V. has nothing to add to this press release.
This information is provided by RNS
The company news service from the London Stock Exchange