You are here

SFS appeal on SEC’s fine for Kyknos rejected

SFS Group Public Company Ltd announces that the appeal No. 3308 before the Supreme Court against the Securities and Exchange Commission’s power to impose an administrative fine of £2,000 for the public offer for the acquisition of the listed company Kyknos Portfolio Investments Ltd has been rejected.

The appeal of SFS to the Supreme Court on the re-examination or not of the public offer will come up for hearing before the Supreme Court in 2006.
Wednesday, 2 November, 2005 - 10:52