Canso Select Opportunities Corp 2020 Annual Report
The report details the financial performance of Canso Select Opportunities Corporation for the fiscal year ended December 31, 2020. During the year, the company navigated the economic challenges of the COVID-19 pandemic, focusing on long-term value creation and shifting its portfolio mix toward marketable investments. The company reported a net loss of $1,081,357, primarily due to realized losses on the redemption of CSOF units and unrealized mark-to-market losses on its holding in Hubba Inc., which was written down to nil. Additionally, the company reduced its aggregate stated capital to increase the prospect of future dividend payments.
Company: Canso Select Opportunities Corp
Sector: Finance & insurance
Country: Canada
Year: 2020
Type: Annual Report
Pages: 40
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Canso Select Opportunities Corp
Annual Report
The report details the financial performance of Canso Select Opportunities Corporation for the fiscal year ended December 31, 2020. During the year, the company navigated the economic challenges of the COVID-19 pandemic, focusing on long-term value creation and shifting its portfolio mix toward marketable investments. The company reported a net loss of $1,081,357, primarily due to realized losses on the redemption of CSOF units and unrealized mark-to-market losses on its holding in Hubba Inc., which was written down to nil. Additionally, the company reduced its aggregate stated capital to increase the prospect of future dividend payments.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available