Last update: 05.07.2024 02:13 (GMT+3)

TGP: JSC ““TUKUMA GAĻAS PĀRSTRĀDES SABIEDRĪBA” FINANCING PLAN TO BE APPROVED BY AGM OF AUGUST 19

10.08.2005, Tukuma gaļas pārstrādes sabiedrība, RIG
Riga Stock Exchange                                                             10.08.2005

JSC ““Tukuma gaļas pārstrādes sabiedrība” financing plan to be approved by AGM of August 19

Since JSC “Tukuma gaļas pārstrādes sabiedrība” has to make its production facilities
compliant with Veterinary Service requirements by December 31, 2005, it needs financing for
reconstruction. Shareholders meeting of August 19, 2005 has to approve the financing plan.
The amount needed for reconstruction is LVL 330,000. The source will be self-lending, making
using of the resources invested in fixed assets:
1) transfer of real estate, with guaranteed repurchase option,
2) Transfer of production fixed assets via reverse leasing.

Unofficial translation by RSE




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