CAPITAL DECREASE
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Capital Market
Proprietatea Fund Approves RON677M Capital Decrease
Romanian investment fund Fondul Proprietatea (FP.RO) on Monday approved lowering the fund’s share capital by 676.9 million lei (EUR150.5 million) to RON12.86 billion by reducing the face value of the fund’s shares.
Capital Market
Proprietatea Fund’s Manager Proposes RON677M Capital Decrease
Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Thursday recommended lowering the fund’s share capital by 676.9 million lei...
Energy
OMV Petrom Marketing’s Capital Slashed By RON735.2M
Romania’s leading oil company OMV Petrom (SNP.RO) will lower the share capital of its retail division OMV Petrom Marketing by 735.2 million lei (EUR171.6 million) to RON245 million, the comp...