Brief: Dutch Star Companies Two Net Loss Of EUR 3.2 Million Over Period Oct 1, 2020-Dec 31, 2021

Cabka NV

22/02/2022 07:29

Feb 22 (Reuters) - Dutch Star Companies Two BV  DSC2.AS :
    * DUTCH STAR COMPANIES TWO PUBLISHES 2021 FY RESULTS
    * DSCT HAS SUFFERED AN AFTER-TAX LOSS OF EUR 3,215,788 OVER
PERIOD
OF 1 OCTOBER 2020 THROUGH 31 DECEMBER 2021
    * DUE TO NEGATIVE INTEREST, MONEY HELD IN ESCROW AND ON
COMPANY'S
BANK ACCOUNT DECREASED TOWARDS EUR 108,712,404 ON 31 DECEMBER
2021
    * WILL BE ABLE TO CONTRIBUTE AT LEAST EUR 108 MILLION IN
CASH FOR
BUSINESS COMBINATION WITH CABKA ON 1 MARCH 2022
    * BUSINESS COMBINATION CABKA IS EXPECTED TO BECOME EFFECTIVE
ON 1
MARCH 2022, SUBJECT TO EGM APPROVAL ON 28 FEBRUARY 2022
    * OPERATING LOSS OF 794,444 EUROS FOR PERIOD OF 1-10-2020 UP
TO
31-12-2021
    * NET LOSS FOR THE PERIOD € (3,215,788)

Source text: https://bit.ly/3v6jOrH 
Further company coverage:  DSC2.AS 

 (Gdansk Newsroom)
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