English
Shareholders in cotton mill Iasitex - Iasi (RASDAQ:IASX) have approved the acquisition of 69.03% in INAV Bucharest within a consortium formed with the INAV Employee Association. The shareholders also authorized the sale of two plots of land totaling 5,237 square meters for at least 580 EUR/sq.m. and the purchase of an 827 sq.m. plot from Green Plaza SRL - Bucharest for 580 EUR/sq.m. The 69.93% package will be bought from the consortium formed of Erre 2 International SRL and the INAV Employee Association. Iasitex has a share capital of 19.85 million EUR (5.93 million EUR) divided into 1.93 million shares with a face value of 10.24 RON. The majority shareholder is A2 Impex SRL, with 59.84%. SIF 2 Moldova is the leading shareholder with 31.52%. The State Assets Recovery Authority (AVAS) holds 3.47%.
Iasitex - Iasi To Buy 69.93% In INAV
F.A.
Ziarul BURSA #English Section / 19 octombrie 2007
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