English
Morgan Stanley & Co International Ltd, a global leader in investment banking, on May 8th bought 6% in Imotrust Arad. 3.642.000 shares changed hands through a deal transaction. The trade was negotiated off-market at 2.6 RON/share.
In 2006, the company posted a net profit of 4.25 million RON, up 97 times from the past year. The company"s turnover doubled last year, amounting to 2,177 million RON. In the General Meeting held on April 27th, shareholders eecided to operate a share capital increase by 4.612.438 RON to 10.682.228,9 RON.
Real estate developer Imotrust Arad has a share capital of 6.069.790 RON, divided into shares with a face value of 0.1 RON/share. The company is listed on Rasdaq as ARCV.
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