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November 28, 2015 6:17 AM ET

Capital Markets

Company Overview of Coral Growth Investments (Parallel) Ltd

Company Overview

Coral Growth Investments (Parallel) Ltd is a fund of Concord International Investments Group, LP

725 Fifth Avenue

15th Floor

New York, NY 10022

United States





Key Executives for Coral Growth Investments (Parallel) Ltd

Coral Growth Investments (Parallel) Ltd does not have any Key Executives recorded.

Coral Growth Investments (Parallel) Ltd Key Developments

Coral Growth Investments (Parallel) Limited Reports Audited Earnings Results for the Year Ended March 31, 2015

Coral Growth Investments (Parallel) Limited reported audited earnings results for the year ended March 31, 2015. For the period, the company reported investment income of $977,278 against $1,181,594 a year ago. Net loss before taxation was $1,981,898 against net profit before taxation of $429,452 a year ago. Total loss for the year attributable to participating redeemable preference shares was $3,628,671 or $723.85 per basic and diluted share against total profit for the year attributable to participating redeemable preference shares of $3,149,429 or $615.12 per basic and diluted share a year ago. Net cash inflow from operating activities was $1,578,053 compared to net cash outflow from operating activities of $888,168 a year ago.

Coral Growth Investments (Parallel) Ltd Announces Resignation of Fahad Al-Rajaan as Director

Coral Growth Investments (Parallel) Ltd. announced that Mr. Fahad Al-Rajaan has resigned from his position as a director with effect from 10 May 2015.

Coral Growth Investments (Parallel) Limited Announces Unaudited Earnings Results for the Six Months Ended September 30, 2014

Coral Growth Investments (Parallel) Limited announced unaudited earnings results for the six months ended September 30, 2014. For the six months, the company reported total income of USD 1,222,829 against USD 189,850 a year ago. Net income before taxation was USD 634,150 against loss of USD 133,577 a year ago. Net income before taxation was USD 1,622,981 against USD 816,230 a year ago. Total profit for the period attributable to holders of participating redeemable preference shares was USD 1,542,703 or USD 301.31 basic and diluted per participating redeemable preference share against USD 714,213 or USD 139.49 basic and diluted per participating redeemable preference share a year ago. Net cash used in operating activities was USD 428,971 against USD 564,596 a year ago. Net asset value per fully paid participating redeemable preference shares was USD 6,290.30 against USD 5,988.98 a year ago.

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