Todoroff Jsc To Sell Hotel In Brestovica
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At a general meeting scheduled September 3, shareholders in Todoroff Jsc (
) will vote on a proposal to sell its hotel in the village of Brestovica. The building and all equipment in it will be sold at a price tag of 3.1 mln leva (1.5 mln euros), BSE informs.
The company will use the money for restructuring of credits.
Shareholders will authorize the CEO Ivan Todoroff to represent the company in the deal.
In case no quorum is present at the meeting, it shall be adjourned to September 17. The final date for trade in shares, as a result of which the holder will be entitled to new shares from the capital increase, is August 18.
There have been no transactions with the stock on BSE so far today. Bids are between 0.1 and 1.17 leva. Asks are between 1.29 leva and 1.7 leva.
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