• LAVASTONE - STATEMENT OF MAIN ACCOUNTABILITIES

    Tuesday, 27 August 2019

  • LAVASTONE - POSITION STATEMENT: COMPANY SECRETARY

    Tuesday, 27 August 2019

  • LAVASTONE - POSITION STATEMENT: CHAIRMAN

    Tuesday, 27 August 2019

  • LAVASTONE - EQUAL OPPORTUNITY POLICY STATEMENT

    Tuesday, 27 August 2019

  • LAVASTONE - BOARD of DIRECTORS CHARTER

    Tuesday, 27 August 2019

  • LAVASTONE LTD NOTICE (08 August 2019)

    Thursday, 08 August 2019

  • JOINT COMMUNIQUÉ - LAVASTONE LTD (“LAVASTONE”) and CIM Financial Services Ltd (“CFSL”)

    Thursday, 10 January 2019

  • COMMUNIQUÉ - Acquisition of Compagnie Valome Limitee (“CVL”)

    Thursday, 27 December 2018

Announcements

Dec 27, 2018

COMMUNIQUÉ - Acquisition of Compagnie Valome Limitee (“CVL”)

The board of directors of LAVASTONE Ltd (“Company”) is pleased to announce that it has reached an agreement for the acquisition of Compagnie Valome Limitee (“CVL”). CVL is the owner of Mourouk Ebony Hotel in the island of Rodrigues. The acquisition is subject to the fulfilment of certain conditions precedent as well as to the approval of the relevant regulatory authorities.

 

Following the acquisition of CVL, the Mourouk Ebony Hotel will be operated by Trimetys Ltd (“Trimetys”) in accordance with an agreement reached with the Company. Trimetys is a well-established hotel operator in Rodrigues where it operates Le Tekoma Boutik Hotel. The proposed acquisition will not be classified as a significant transaction under the Securities Act 2005 or the DEM Rules.

 

Shareholders and the investing public are advised to exercise caution when dealing in the shares of the Company.

 

By order of the Board
Cim Administrators Ltd
Company Secretary

27 December 2018

 

This Communiqué is issued pursuant to the Securities Act 2005 and DEM Rule 21. The board of directors of Lavastone Limited accepts full responsibility for the accuracy of the information contained in this Communiqué.