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Liepajas metalurgs shareholders must sell shares or invest money in company by May 31

BC, Riga, 21.05.2013.Print version
The shareholders at the joint-stock metallurgical company Liepajas metalurgs must either sell their shares or invest large amounts of money into the company by May 31.

The company's shareholders will either have to sell their Liepajas metalurgs shares to the company's creditors for LVL 1, or invest LVL 10 million in the company each, in which case they will retain control over the company.

 

This information comes from a representative from Prudentia, consultant to the company's creditors, after a meeting of the Cabinet of Ministers committee today.






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