Completion of the sale of Venus Rock Estates

Summary by AI BETAClose X

DCI Advisors Limited has received €3.5 million as full settlement for the sale of Class A Preferred Shares in DCI Holdings Two Limited, representing ownership of Venus Rock Estates. The company paid approximately €1.78 million in capital gains tax plus interest to Cyprus tax authorities and is considering an appeal. The sale of its remaining indirect 10.68% shareholding in Aristo Developers Limited for €6.15 million is still pending tax clearance in Cyprus.

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