March 24, 2018 11:31 PM ET

Real Estate Management and Development

Company Overview of Karaolis Group Public Ltd.

Company Overview

Karaolis Group Public Ltd. engages in property development activities in Cyprus. It develops residential and commercial projects, including apartment buildings, townhouses, bungalows, luxury villas, and business centers in the Limassol district. Karaolis Group Public Ltd. is based in Limassol, Cyprus.

Themis Tower

5th Floor

1 Anastasiou Sioukri

PO Box 53093

Limassol,  3300



357 2 5871871


357 2 5342186

Key Executives for Karaolis Group Public Ltd.

President and Director
Managing Director, General Director and Director
Compensation as of Fiscal Year 2017.

Karaolis Group Public Ltd. Key Developments

Karaolis Group Public To Be Delisted From Cyprus Stock Exchange, Effective May 4, 2016

?he Cyprus Stock Exchange announces that, further to the approval of the Securities and Exchange Commission, it will proceed to delist the securities of Karaolis Group Public Ltd pursuant to the power conferred upon it by Article 178(1) of the Securities and Cyprus Stock Exchange Law, in view of the fact that the conditions for the smooth operation of the stock exchange market in relation to the securities of the company are no longer satisfied and important ongoing obligations are not complied with. As a result, the interests of investors are put to risk. More specifically, Karaolis Group Public Ltd has not complied with the obligation to submit and publish: (a) the Annual Financial Report for the year ended December 31, 2014, and (b) the Half-Yearly Financial Report for the period ended June 30, 2015. Furthermore, the company continues not to comply with important ongoing obligations since it has not published the Indicative Results for the year ended December 31, 2015. It is noted that the delisting of the securities of the above company from the Stock Exchange will take effect on 4 May 2016.

Recent Private Companies Transactions

No transactions available in the past 12 months.

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