At the end of May, Mefin’s valuator said the report would not be completed before the general meeting of shareholders sheduled for June 28, arguing that asset evaluation required more time.
According to the latest available data, Mefin is 79.63% owned by Cyprus-registered firm DCI Walbridge Partners.
Mefin registered turnover of 4.41 million lei (some EUR1 million) in the first quarter of the year, slightly down from RON4.46 million in the similar interval a year ago. Over 77% of its turnover was generated by exports, according to Mefin.
Its loss widened to RON418,000 in the first quarter from RON41,000 in the first three months of 2012.
Mefin last traded on the Bucharest bourse on June 27, 2013, at RON3.2 per share. (EUR1=RON4.4501)