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Sunday, May 17, 01:14:31amLogin ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 12345678[9]10 ]
Subject: The Group also issued today its Notice of Meeting to listednoteholders seeking to obtain their approval for the conversion of all listed notes to equity.The meeting will be held on 28 March 2003.


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A meeting of shareholders to approve the conversion is scheduled for April as part of the reconstruction of the Group's balance sheet.
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Date Posted: Thursday, March 06, 01:31:46am
In reply to: 6/3/2003 's message, "2003 Half Year Review" on Thursday, March 06, 01:17:03am

The Group also issued today its Notice of Meeting to listed noteholders seeking to obtain their approval for the conversion of all listed notes to equity. The meeting will be held on 28 March 2003. A meeting of shareholders to approve the conversion is scheduled for April as part of the reconstruction of the Group's balance sheet.

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The balance sheet reconstruction is designed to provide ERG with a stronger net asset position and eliminate cash outflow in the form of interest payment on the notes.The proposal was foreshadowed at the Company's Annual General Meeting (AGM) in November 2002.Thursday, March 06, 01:36:05am


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