News blog
Japan Leisure Hotels
- BY: Andrew Hore |
- POSTED: 24/07/2012 |
Shareholders in Japan Leisure Hotels will get a final distribution of 0.9p a share.
This is slightly higher than the 0.8p a share suggested in January.
Proposals to wind up the company were agreed in June 2011. The Aim quotation was cancelled on 9 June 2011.
JLH joined Aim on 16 January 2008 when it raised £3.05m at 50p a share - after expenses the figure was £1.9m. The company was unable to raise enough cash to reach a significant size so the hotel portfolio was sold.
DKR Oasis owned 87.6% of JLH.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJuly2012_34.pdf
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