AEGEK: Sale of the subsidiary Elafonisos SA for €1.75 million.

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AEGEK proceeded with the sale of 100% of its subsidiary Elafonisos SA for 1.75 million euros.

In detail, the company’s announcement states:

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AEGEK informs the investing public that, as part of its business policy and for the purpose of reducing its debt obligations from the solidarity and sole liability, as guarantor, of the affiliated company AEGEK CONSTRUCTION S.A., it proceeded on Friday, August 5 2022 in the sale of its 100% participation in the subsidiary company with the name “ELAFONISOS SA” ELAFONISSOS S.A., in the joint-stock company with the name “SUSTAINABLE TOURIST ENTERPRISES FALASARNA STOCK COMPANY” and d.t. ATEFA, with a total price paid, one million seven hundred and fifty thousand euros (€1,750,000.00).

Source: Capital

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