SIF Muntenia might subscribe RON 43 mn to Unisem’s share capital increase
Raiffeisen Capital&Investment - 10 August 2010
Unisem (UNISEM) a trader of seeds and agricultural commodities, where SIF Muntenia (SIF4) has currently a 71% equity interest, has called a GSM to approve a share capital increase of RON 61 mn.
Out of which, RON 2.5 mn are a share capital increase in kind (several plots of land) from the Romanian state and the rest is the corresponding amount for the other shareholders so that they would not be diluted. If SIF4 decides to subscribe the whole of its corresponding amount, we view this decision as negative since it will eat a lot of its cash position.
Sursa: http://www.rciro.ro
Tags: sif
increase
capital
share
unisem
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