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New York observation wheel 'coming along greatly' says Challenger Acquisitions Limited CEO

Proactive Investors - Fri, 10/21/2016 - 06:53

Giant observation wheel investor Challenger Acquisitions Limited (LON:CHAL) has said its New York wheel project is making “fantastic” progress and is on schedule to open in April 2018.

Chief executive Mark Gustafson tells Proactive: ''I was just there on a tour the other week. It's really fascinating to see  the developments.''

''Basically, the entire ground work is complete. What we're going to see over the next 18 months is everything being constructed from the ground up and that will include the terminal building and all the major components for the giant observation wheel starting with these four massive legs'', Gustafson added.

Once finished, the New York wheel will be around 50% bigger than the London Eye and it is hoped it will be able to carry around 3.5 mln passengers each year.

Categories: Media Coverage

New York observation wheel 'coming along greatly' says Challenger Acquisitions Limited CEO

Proactive Investors - Fri, 10/21/2016 - 06:53

Giant observation wheel investor Challenger Acquisitions Limited (LON:CHAL) has said its New York wheel project is making “fantastic” progress and is on schedule to open in April 2018.

Chief executive Mark Gustafson tells Proactive: ''I was just there on a tour the other week. It's really fascinating to see  the developments.''

''Basically, the entire ground work is complete. What we're going to see over the next 18 months is everything being constructed from the ground up and that will include the terminal building and all the major components for the giant observation wheel starting with these four massive legs'', Gustafson added.

Once finished, the New York wheel will be around 50% bigger than the London Eye and it is hoped it will be able to carry around 3.5 mln passengers each year.

Categories: Media Coverage

Challenger’s New York observation wheel making “fantastic” progress

Proactive Investors - Wed, 10/19/2016 - 23:54
The wheel’s foundations have now been completed, while the legs which the wheel will sit on have been delivered to the site in Brooklyn
Categories: Media Coverage

Challenger’s New York observation wheel making “fantastic” progress

Proactive Investors - Wed, 10/19/2016 - 23:54
The wheel’s foundations have now been completed, while the legs which the wheel will sit on have been delivered to the site in Brooklyn
Categories: Media Coverage

Challenger Acquisitions settles convertible loan note

Proactive Investors - Sun, 09/11/2016 - 23:06
The giant observation wheel investor has issued just over 4mln shares to pay off the £750,000 loan
Categories: Media Coverage

Challenger Acquisitions settles convertible loan note

Proactive Investors - Sun, 09/11/2016 - 23:06
The giant observation wheel investor has issued just over 4mln shares to pay off the £750,000 loan
Categories: Media Coverage

Challenger Acquisitions eyes Asia for next big wheel project

Proactive Investors - Tue, 08/30/2016 - 01:50
A closer examination of the big wheel builder Challenger Acquisitions. We look at what it does, how much it's worth and where it has set its sights.
Categories: Media Coverage

Challenger Acquisitions eyes Asia for next big wheel project

Proactive Investors - Tue, 08/30/2016 - 01:50
A closer examination of the big wheel builder Challenger Acquisitions. We look at what it does, how much it's worth and where it has set its sights.
Categories: Media Coverage

Challenger Acquisitions upbeat over 'Eye' programme

Proactive Investors - Mon, 08/29/2016 - 23:13
The company has a 2% stake in the New York wheel, expected to open early in 2018
Categories: Media Coverage

Challenger Acquisitions upbeat over 'Eye' programme

Proactive Investors - Mon, 08/29/2016 - 23:13
The company has a 2% stake in the New York wheel, expected to open early in 2018
Categories: Media Coverage

Challenger Acquisitions wins Madison Capital court case

Proactive Investors - Wed, 08/24/2016 - 23:38
Challenger Acquisitions 1 Madison Capital Markets 0
Categories: Media Coverage

Challenger Acquisitions wins Madison Capital court case

Proactive Investors - Wed, 08/24/2016 - 23:38
Challenger Acquisitions 1 Madison Capital Markets 0
Categories: Media Coverage

Challenger Acquisitions given more time to pay by Starneth sellers

Proactive Investors - Tue, 08/23/2016 - 00:10
The payment had been due last month but has been deferred, although Challenger will pay 5% interest on the owed amount
Categories: Media Coverage

Challenger Acquisitions given more time to pay by Starneth sellers

Proactive Investors - Tue, 08/23/2016 - 00:10
The payment had been due last month but has been deferred, although Challenger will pay 5% interest on the owed amount
Categories: Media Coverage

Challenger’s New York wheel now fully funded

Proactive Investors - Wed, 07/20/2016 - 00:38
The company says the US$590mln New York wheel project – in which it has a 2% interest – is now fully funded through to completion
Categories: Media Coverage

Challenger’s New York wheel now fully funded

Proactive Investors - Wed, 07/20/2016 - 00:38
The company says the US$590mln New York wheel project – in which it has a 2% interest – is now fully funded through to completion
Categories: Media Coverage

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