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You are here: Announcement

BCB Holdings to sell Caye Chapel

By BFN News
Tuesday 27 August, 2013 at 09:59 AM

BCB Holdings has agreed to sell Caye Chapel, a resort island in Belize, for $30.0m to Yumi Limited, a British Virgin Islands company funded by private equity. The terms of the transaction provide for an initial non-refundable payment prior a due diligence period from 1 September to 14 November and a final closing on December 20, 2013. The disposal valuation is in line with book value. At 9:59am: (LON:BCB) share price was 0p at 17p Story provided by StockMarketWire.com
 
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