En dit in het pb met een kader eromheen zegt ook genoeg
Denk goed na over je beslissing...
Ariel Hasson, CEO of Kardan NV: “Kardan’s real estate and water infrastructure activities continued its positive
operational performance in Q2 2017. In Real Estate, the sales process of the apartments in the new C towers in
Dalian commenced, with encouraging interest, in July 2017. We also see good performance of our joint venture
residential projects.
In Water Infrastructure, we were recently awarded a USD 176M agricultural project in Zambia, and 3 agricultural
projects in Angola, totaling USD 291M. We continue to see strong business development opportunities for new
projects and are hopeful to secure additional strategic projects in the course of the coming months.
Unfortunately currency movements had a severe negative impact on our equity position, although the trend in
currencies reversed over the last weeks, compensating for part of the decline in our equity. However, the expected
closing of the sale of Star Pump Storage should generate a gain to strengthen our equity position. In addition, the
intended sale of Tahal is also expected to generate a gain that will further increase our equity.
We remain of the view that the sale of Tahal, once completed, will enable us to meet our 2018 debt repayment
obligations. We will continue to do the utmost to divest assets in a manner that will allow us to maximize value and
proceeds, in the interest of all of Kardan’s stakeholders.”