10/02/2011 08:27
According to the announcement, “it authorized the Board of Directors to proceed with negotiations for the sale of the Company’s assets with terms that will be approved by the Board of Directors, including the sale of the Company’s business”.
At the same time, “it authorized the Board of Directors to proceed with negotiations for the amendment of the contract with Multichoice Hellas SA with terms that will be approved by the Board of Directors”.
The two resolutions were approved by majority.
The Extraordinary General Meeting rejected the proposed resolutions for an increase in the Company’s capital.
Also, it rejected unanimously the proposed resolution for the termination of the Company’s activities and the start of liquidation.
The losses of MCC reached €3.2 million against €1.1 million in 2009 and were affected by the loss of the subscribers and the competition.
At the same time, “it authorized the Board of Directors to proceed with negotiations for the amendment of the contract with Multichoice Hellas SA with terms that will be approved by the Board of Directors”.
The two resolutions were approved by majority.
The Extraordinary General Meeting rejected the proposed resolutions for an increase in the Company’s capital.
Also, it rejected unanimously the proposed resolution for the termination of the Company’s activities and the start of liquidation.
The losses of MCC reached €3.2 million against €1.1 million in 2009 and were affected by the loss of the subscribers and the competition.
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