Qannas Invests USD9 Million In Project Three To Support Goldilocks

LONDON (Alliance News) - Qannas Investments Ltd on Thursday said it participated in Project ...

Alliance News 6 December, 2018 | 2:58PM
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LONDON (Alliance News) - Qannas Investments Ltd on Thursday said it participated in Project Three, providing USD9.3 million funding to its existing investee Goldilocks Fund.

The AIM-listed investment company said Project Three is a consortium debt investment with an annual interest rate of 9.75% in an independent investment firm, with operations in education, energy, construction, insurance, and other businesses.

Qannas shares were untraded on Thursday, last closing at USD0.62 each.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Qannas Investments Ord 0.63 USD 0.00 -
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