According to the investment agreement, a sum of $2,500,000 was invested in TUS AIRWAYS Ltd, a private company incorporated under the laws of the Republic of Cyprus in exchange for 25% of TUS’s issued share capital. The investor was granted an option to acquire an additional 10% of TUS’s issued share capital.
An investor represented by Ivtsan-Netzer-Wolecki & co. purchased 25% of the Cypriot airline TUS AIRWAYS LTD.
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