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BRIEF-Clime Investment updates on write back of tax liability amount
February 7, 2017 / 1:19 AM / 10 months ago

BRIEF-Clime Investment updates on write back of tax liability amount

Feb 7 (Reuters) - Clime Investment Management Ltd :

* Following de-merger of Clime Pvt Ltd in late 2016, co wrote back deferred tax liability amount ($1.9 million) carried in books of CIW

* Write back in relation to unrealised gains associated with co’s investment in Jasco Holdings Ltd

* written back tax laibility will have a positive effect on reported profits in six months to 31 December 2016 Source text for Eikon: Further company coverage:

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