Franklin Templeton Asks Fondul Proprietatea Shareholders To OK Reduction Of Subscribed Capital

03.23.2017 By Ecaterina Craciun

Franklin Templeton, manager of Romanian investment fund Fondul Proprietatea (FP.RO) since 2010, requires the fund’s shareholders to approve, at their extraordinary general meeting due on May 3, a decision to reduce the subscribed share capital to RON4.85 billion from RON5.23 billion, by canceling 739,398,468 own shares.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: Franklin Templeton; , Fondul Proprietatea; , reduction; , subscribed capital

Comment

Username:
Password: