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A Manx company which invests in property in Eastern Europe is hoping to raise 40 million euros in a rights issue to shareholders.
New Europe Property Investments says the rights issue is underwritten, and the cash will be used for further acquisitions and investments.
NEPI invests in office, retail and industrial property in central and eastern European countries.
It's listed on London's Alternative Investments Market as well as the South African and Romanian markets.
Food wholesaler to close after 55 years
KC Foods has been in business on the Island since 1971
Manx Radio reports financial loss amidst ‘continued market uncertainty’
Loss of around £20k reported by national broadcaster
Steam Packet reports higher revenue and busiest passenger year since 2007, despite dip in profit
Directors’ report show growth in passenger and freight income in 2024, while costs rose and the company seeks more time to replace Manannan
Strike off process against companies with out-of-date information starts
800 of 1900 companies have taken necessary action
