CLR Capital Public Limited announces that the Extraordinary General Meetings of the shareholders and the secured and non-secured creditors with regard to the proposed merger with Laiki Investment EPEY Public Company Ltd took place on Friday, October 17, 2008.
DECISIONS
The EGMs approved unanimously the following resolution:
Special Resolution
Approval of the Reorganization and Merger Plan according to which the Company will merge with Laiki Investment EPEY Public Company Limited and the total assets, activities, rights and liabilities will be undertaken by Laiki Investment and the Company’s shareholders will become shareholders of Laiki Investment and the Company will be dissolved without liquidation. The transfer will be carried out on 1/1/2009 or any other date that the Board of Directors believes is suitable”.
The EGM decisions and the Reorganization and Restructuring Plan will be subject to the Nicosia District Court’s approval.
The Company will inform the shareholders and the investors for all current developments.
DECISIONS
The EGMs approved unanimously the following resolution:
Special Resolution
Approval of the Reorganization and Merger Plan according to which the Company will merge with Laiki Investment EPEY Public Company Limited and the total assets, activities, rights and liabilities will be undertaken by Laiki Investment and the Company’s shareholders will become shareholders of Laiki Investment and the Company will be dissolved without liquidation. The transfer will be carried out on 1/1/2009 or any other date that the Board of Directors believes is suitable”.
The EGM decisions and the Reorganization and Restructuring Plan will be subject to the Nicosia District Court’s approval.
The Company will inform the shareholders and the investors for all current developments.
Monday, 20 October, 2008 - 09:21