Update on dissolution and liquidation process of the company
Castle Alternative Invest AG updates on the status of the dissolution and liquidation of the company. The company is currently in the process of realizing its remaining assets. Realized liquidity will be maintained in USD until a liquidation distribution will occur. Such a distribution is currently planned for late November 2021. The distribution will occur in CHF and the necessary conversion will take place around the date of the distribution. The distribution of profits and retained earnings is subject to Swiss withholding tax, whereas the repayment of share capital and capital contribution reserves is not. Different refund or relief at source procedures apply to different shareholders and should therefore be analyzed carefully. The delisting of the company’s shares from the SIX Swiss Exchange is planned to take place during the second quarter of 2022.
03 September 21, 6:00 PM