Home / Knowledge / News / Textiles / OC Oerlikon BoD provisionally refuses Renova's applications

OC Oerlikon BoD provisionally refuses Renova's applications

30
Apr '08
At its meeting, the Board of Directors of OC Oerlikon Corporation AG, Pfäffikon, Switzerland, resolved to provisionally refuse applications of Renova Industries Ltd, Bahamas, for the entry of additional shares in the share register received on 10, 11 and 14 April 2008.

The total volume of the shares affected by this decision makes up more than 10 per cent of the company's share capital.

In the view of the Board of Directors, the applications for entry in the register raise various ownership and merger control-related questions which have not yet been fully clarified.

This means that there is not yet a sufficiently secure legal basis for entry in the share register. As soon as these remaining questions have been adequately clarified by the shareholders affected, the Board of Directors will take up the matter again.

OC Oerlikon Corporation AG


Interviews View All

Rahuul Jashnani, Jashn

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Smita Murarka, Amanté

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Top executives, Textile industry

Top executives
Textile industry

Textile institutes need to change their curriculum

Ritu Ajbani & Neha Agarwal,

Ritu Ajbani & Neha Agarwal

Petit Royal, co-founded by entrepreneurs <b>Ritu Ajbani and Neha...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Milva Morani,

Milva Morani

Brighi Technologies began in 1970 with trading and repairing sewing...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Giorgio Mantovani, Corman S.p.A

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search