The operation, through which the face value of the company’s shares will be reduced by RON20 to RON17 per share, will be discussed by the shareholders on June 18.
In March, the shareholders approved increasing the capital by RON9.1 million, but contributions totaled RON8.6 million. MKB Romexterra Leasing’s capital was raised from RON33.1 million to RON41.7 million.
Set up in 2003, the leasing company is controlled by MKB Romexterra Bank, which holds 94.78% of the stock. The remainder is in the hands of four companies (5.09%) and 14 individuals (0.12%).
In 2010, the company posted losses of RON7.3 million. (EUR1=RON4.4662)