Ceilfloor – Avacom: Preliminary results 2008 – Capital – Prospects - BoD
Avacom Public Company Ltd would like to inform the investing public that at the meeting held on 26/2/2009, the Boards of Directors of Ceilfloor Public Company Ltd and Avacom Public Company Ltd decided the following:
Board meeting of Ceilfloor Public Company Ltd
The Board of Directors examined and approved the preliminary results for 2008.
It also decided to continue the procedure for the preparation of the Prospectus on the Rights.
The Board of Directors examined the Company’s condition, which together with the promotion of the Rights and the participation in the holding company by 27.5% of Capital One Investments Malta Ltd creates a prospect of change in the Company’s condition.
Finally, it decided to appoint Mr. Demetris Demetriades as additional Board member.
Board meeting of Avacom Public Company Ltd
The Board of Directors examined and approved the preliminary results for 2008.
The Board of Directors was informed on the agreement between the major shareholders and Caputal One Investments Malta Ltd for the acquisition of company of the major shareholders, which will control directly and indirectly 27.5% of the shares of Avacom Public Company Ltd/
It also decided to appoint Mr. Demetris Demetriades as additional Board member.
Finally, it decided to continue the procedure for the preparation of the Prospectus on the Rights based on an EGM decision. A previous decision on the non promotion of rights is cancelled.
Board meeting of Ceilfloor Public Company Ltd
The Board of Directors examined and approved the preliminary results for 2008.
It also decided to continue the procedure for the preparation of the Prospectus on the Rights.
The Board of Directors examined the Company’s condition, which together with the promotion of the Rights and the participation in the holding company by 27.5% of Capital One Investments Malta Ltd creates a prospect of change in the Company’s condition.
Finally, it decided to appoint Mr. Demetris Demetriades as additional Board member.
Board meeting of Avacom Public Company Ltd
The Board of Directors examined and approved the preliminary results for 2008.
The Board of Directors was informed on the agreement between the major shareholders and Caputal One Investments Malta Ltd for the acquisition of company of the major shareholders, which will control directly and indirectly 27.5% of the shares of Avacom Public Company Ltd/
It also decided to appoint Mr. Demetris Demetriades as additional Board member.
Finally, it decided to continue the procedure for the preparation of the Prospectus on the Rights based on an EGM decision. A previous decision on the non promotion of rights is cancelled.
