Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Sydney, Jan 21, 2008 (ABN Newswire) - Cityview Corporation Limited (ASX: CVI) - Quest Energy Middle East - Mr Mark Smyth, CEO; Cityview Corporation Limited (ASX: CVI) present the following audio webcast regarding "CVI - Quest Energy Middle East - Mr Mark Smyth, CEO".
CityView Corporation Limited ("CityView") advises that the restructuring of its holding in Quest Energy Middle East ("Quest") Limited has been successfully completed.
Under the new arrangements, CityView will own 1,205,000 shares of the 1,700,000 issued shares (70.9%) of European Oil Limited ("EOL") which in turn owns 6% of Quest. N. Hoexter and P. de Chazal have been appointed to the Board of EOL. Quest is connected to the powerful financial community of Dubai and Abu Dhabi and is of great assistance to CityView.