SIF Muntenia calls extraordinary GSM to change the ownership limit to 5%
Raiffeisen Capital & Investment - 18 January 2012
SIF Muntenia (SIF4) has called an extraordinary GSM for February 18 (20), 2012 to amend its bylaws, namely to increase the ownership limit from 1% to 5%.
The legislation recently voted by the Parliament to increase the ownership limit says that SIFs have to change their bylaws in 60 days from its entering into force (i.e. January 13, 2012) otherwise it will be considered automatically changed. Therefore, we view this piece of news as neutral.
Source: http://www.rciro.ro
Tags: limit
ownership
sif
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