RE: CHAL18 Jul 2018 15:23
As previously announced, the 2018 Annual General Meeting ("AGM") will be held
in Zurich on 3(rd) August 2018. The decision to hold the AGM in Zurich, as
opposed to Guernsey was taken purely for cost saving reasons. The Company's
Chief Financial Officer and Company Secretary is located in Zurich and his
office will be used to host the meeting. In the past two years, the AGM was
held in Guernsey.
New York Wheel ("NYW") Project
Management believes that the settlement of the legal matters between the NYW
and its former contractor should allow the NYW to finalise its funding
arrangements and to hire a new contractor. An announcement will be made on
any new material developments at the NYW as soon as appropriate.