Final Results
Challenger Acquisitions Limited (LSE: CHAL), is pleased to announce its final results for the period ended 31 December 2018.
CEO’s Statement
The year 2018 started promising with the investment in the Dallas wheel project, followed by success in restructuring a significant convertible note. However, the failure of the Star Sanctum event to get launched and the stalled financing for the New York Wheel project were major
disappointments. The year ended with the recovery of a portion of the loan to Star Sanctum and active negotiations to sell the investment in the Dallas wheel project back to its developers, which was finalized and announced in early 2019.
A copy of the announcement can be downloaded HERE
