Wednesday April 1, 2020

Investments by the Fourth Expanding Companies Fund

Investment: €215,855. Current valuation: nil. Prestige Systems:

5th November, 2005

Investment: €215,855. Prestige Systems:

Current valuation: nil.

A software company focusing on the education and training market, Prestige Systems is a loss-making entity that suffered from the downturn in the technology sector in recent years. Its directors have decided to put the company into voluntary liquidation, leaving no prospect for ECF to realise any of its investment.

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