Archived posting to the Leica Users Group, 2005/02/17

[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]

Subject: [Leica] Leica Solms reports 50% loss what does this mean?
From: tedgrant at shaw.ca (Ted Grant)
Date: Thu Feb 17 19:07:30 2005
References: <9759911.1108660423991.JavaMail.root@donald.psp.pas.earthlink.net>

mak@teleport.com asked:
>> What are the implications of this?<,

Well straight out of the cupboard? Tit's up!
ted

To: "Leica Users Group" <lug@leica-users.org>
Sent: Thursday, February 17, 2005 9:13 AM
Subject: [Leica] Leica Solms reports 50% loss what does this mean?


> Leica Camera AG, Solms, expects the existence of a loss in the amount of 
> half of its registered share capital in March 2005. The Company's Board of 
> Management will make a corresponding announcement according to section 92 
> (1) of the German Stock Corporation Law (AktG) at a General Meeting to be 
> held on May 31, 2005.
> Concurrently, the Board of Management prepares a turnaround strategy. It 
> will propose at the General Meeting on May 31, 2005 that capital measures 
> be taken. In connection with such measures audits are conducted at 
> present. The measures proposed will be announced and published in the 
> designated journals at the time of the convening of the General Meeting 
> and the announcement of its agenda. <<<<<<<



Replies: Reply from red735i at earthlink.net (Frank Filippone) ([Leica] Leica Solms reports 50% loss what does this mean?)
In reply to: Message from mak at teleport.com (mak@teleport.com) ([Leica] Leica Solms reports 50% loss what does this mean?)