OWNERSHIP LIMIT
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Capital Market
SIF Banat Crisana Gets Shareholders’ OK To Scrap 5% Ownership Limit
Romanian regional investment fund SIF Banat Crisana (SIF1.RO), which has a market value of RON1.3 billion, on Tuesday notified the Bucharest Stock Exchange that its shareholders decided in their general meeting of March 10 to eliminate the 5% ownership limit,...
Capital Market
Basescu Passes Law Raising SIF Ownership Cap To 5%
Romanian President Traian Basescu on Thursday signed the decree passing an amendment to Law 297/2004 on the capital market, which raises the limit on ownership in the five regional investmen...