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In the second quarter EEII AG’s Net Asset Value per share (“NAV”) increased by 6.6% to CHF 15.72 per share.
The raise in NAV reflects the decision taken by the new Board to invest the cash position in short term USD deposits. Following the divestiture of Ensys AG and the liquidation of SEFL in early 2005 the active portfolio of EEII AG consists of Termobahia SA only. This being said, it should be noted that under the leadership of the new Board the Investment Manager investigates a number of potential investment opportunities. Please refer to the PDF document below in order to view the full second quarter 2005 report for EEII AG.
