KDMSHIPING (KDM): MANAGEMENT OPINION ABOUT NO IMPACT OF THE SITUATION IN CYPRUS ON GROUP’S OPERATIONS AND ITS FINANCIAL STANDING - raport 6
Raport ESPI
UNI - EN REPORT No6/2013
In regards to possible exposure of the company to the Cypriot crisis, KDM Shipping Public limited informs that none of the Group's entities holds any deposits in any of Cypriot Banks. As of the date of the announcement the balance of the accounts the Group in Cypriot banks is zero. Consequently the Management is of the opinion that the situation in Cyprus should not have any negative impact on Group's operations and its financial standing.
