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EVT LIMITED — Capital/Financing Update 2008
Aug 27, 2008
64888_rns_2008-08-27_a51fd0ae-b427-4ca6-8853-55e079658d02.pdf
Capital/Financing Update
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28 August 2008
The Manager Company Announcements ASX Company Announcements Office SYDNEY NSW 2000
CP1 LIMITED (ASX code: CPK)
SALE OF GOLD COAST INTERNATIONAL HOTEL
Cira International Pty Ltd, a joint venture company owned by CP1 Limited and Raptis Group, announced today that it has entered into a binding contract of sale with Amalgamated Holdings Limited for the Gold Coast International Hotel at the sale price of $56.5 million. Settlement expected to occur on or about 10 September 2008.
This divestment is in accordance with the Board’s focus on consolidating and reducing debt in light of the current market conditions.
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Limited ACN 099 945 516
Brisbane Office Level 12 300 Queen Street Brisbane QLD 4000 Phone (07) 3229 7129 Fax (07) 3229 5796 GPO Box 2456 Brisbane QLD 4001
Sydney Office Level 12 32 Martin Place SYDNEY NSW 2000 Phone (02) 9238 0822 Fax (02) 9238 0833 GPO Box 969 Sydney NSW 2001
Melbourne Office Level 7 50 Market Street MELBOURNE VIC 3000 Phone (03) 9629 1777 Fax (03) 9629 1677
Gold Coast Office City Pacific House 2 Miami Key Broadbeach Waters QLD 4218 Phone (07) 5554 0200 Fax (07) 5575 6366
National Phone Number 13 47 69
Web www.cp1.com.au Email [email protected]
CP1 LIMITED
Lee Danahay
Company Secretary
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