Kubera Cross-Border 1H Net Pretax Investment Loss $2.12M

23rd Jul 2010 07:44

LONDON (Dow Jones)--Kubera Cross-Border Fund Ltd (KUBC.LN), a closed-end investment company, it made net pretax investment loss of $2.12 million for the half year ended June 30, compared with $2.21 million MAIN FACTS: -The Fund's NAV increased 12% to $1.18 from $1.07 at Dec 31 2009 -During the first half of 2010, the Fund's share price increased by 28% to $0.765 from $0.60 -The discount to NAV narrowed from 44% to 35%. -Shares closed Thursday at 49.53 cents, valuing the company at $83.60 million. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; [email protected] (END) Dow Jones Newswires July 23, 2010 02:44 ET (06:44 GMT)