AS VIISNURK

ANNOUNCEMENT

15.03.99

 

 

RESOLUTIONS OF THE GENERAL MEETING OF AS VIISNURK SHAREHOLDERS

 

The annual general meeting of AS Viisnurk shareholders AS Viisnurk took 

place on March 13, 1999, at 11:00 AM in AS Sanatoorium Tervis, Pärnu.

45 shareholders/representatives with 3,420,366 votes participated in 

the meeting, which represented 76.024% of total votes.

 

The agenda and resolutions of the general meeting:

 

1. Approval of 1998 profit distribution proposal and financial report

 

The general meeting decided to distribute the company’s profit as 

follows:

Retained earnings, 

as of the end of 1998				10,908,050 EEK

Gross profit of 1998				17,589,013 EEK

To reserve capital				   880,000 EEK

Retained earnings after the approval of 

1998 financial report				27,617,063 EEK

 

The general meeting resolved to approve the 1998 financial report of AS 

Viisnurk, according to which the group earned a profit of 17,589,013 EEK 

in 1998, and the balance sheet volume as of 31.12.1998 was 157,742,076 

EEK.

 

 

Andrus Aljas

Financial director

+372 44 78 355