Following the last announcement of the Company dated 01 March 2021, regarding the Memorandum of Understanding (MOU) signed between C.C.C. Tourist Enterprises Public Company Ltd, Emerald Coast Properties Ltd and Invel Real Estate Management (Cyprus) Ltd, for the possible acquisition of 100% of the issued shares of Parklane Hotels Limited, the Company announces that at this stage the possible acquisition, which is subject to the conclusion of the final agreements has not yet been completed. The parties are still in negotiations.
The Company will update the investing public on any developments.
C.C.C. Secretarial Ltd
Limassol, 16th March 2021