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Eight Degrees want to buy a brewery in Mauritius

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Eight Degrees want to buy a brewery in Mauritius 11 years 6 months ago #25

andrew Offline Posts: 3334	Okay- bidding closes tomorrow at 9pm- Time for a last push. Investment stands at 130% right now, but there are still quite a few bids at way above the offered level of 7%. Remember, anyone bidding €250 at 7% or less gets an invite to the ribbon cutting ceremony next year....

Eight Degrees want to buy a brewery in Mauritius 11 years 6 months ago #26

tube Offline Posts: 3438	Am I correct in that it's 7% over 3 years, and is subject to whatever tax (CGT?)?

Eight Degrees want to buy a brewery in Mauritius 11 years 6 months ago #27

andrew Offline Posts: 3334	&quot;Tube&quot;:39x5qj8w wrote: Am I correct in that it's 7% over 3 years, and is subject to whatever tax (CGT?)?[/quote:39x5qj8w] Yes

Eight Degrees want to buy a brewery in Mauritius 11 years 6 months ago #28

DCBrewing Offline Posts: 649	&quot;andrew&quot;:171s0lie wrote: &quot;Tube&quot;:171s0lie wrote: Am I correct in that it's 7% over 3 years, and is subject to whatever tax (CGT?)?[/quote:171s0lie] Yes[/quote:171s0lie] I think its 7% per annum. So invest 100e get back 121e in the end but you get it back in installments every month

Eight Degrees want to buy a brewery in Mauritius 11 years 6 months ago #29

andrew Offline Posts: 3334	Yes, Paul is right- it's an annual rate of interest.

Eight Degrees want to buy a brewery in Mauritius 11 years 6 months ago #30

tube Offline Posts: 3438	So, anyone partake?

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Eight Degrees want to buy a brewery in Mauritius

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