Stock Trading Update : Oxley incorporates JVCo. in Cyprus to undertake property development

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Oxley Holdings says entirely possessed backup, Oxley Holdings (Cyprus), and Planetvision Properties (CY) have fused a joint wander organization, Oxley Planetvision Properties, in Cyprus.

The JV organization will attempt property advancement in Cyprus.

Planetvision is a recently framed organization which is a piece of the “Kyprosat” gathering of organizations, having some expertise in organizing, evaluating, advancing and actualizing extensive scale property extends in Cyprus.

The JVC has an underlying issued and paid-up capital of EUR10,000 ($15,225), involving 10,000 shares, of which each of Oxley Holdings Cyprus and Planetvision holds 5,000 shares.

The joining of the JVC was subsidized by interior assets and is not anticipated that would have any material effect on the NTA per share or EPS of the organization for the current money related year finishing June 30, 2017.

Shares of Oxley are exchanging at 47.5 pennies.

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