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24/03/2014
17:25
Vostochny Port calls special meeting in Apr.

Vostochny Port BOD decided to call a special meeting Apr. 29, the company informed.

The buyback price and interest-bearing deal should be considered in including the $600mln worth credit agreement with BNP Paribas (Suisse) SA aimed to fund the 3d stage of the port building, loan contracts with Rosterminalugol in the volume of $204.75mln and Stevedore Coal Company - 4.641bn rub.

Vostochny Port (TIN 2508001544) is the largest stevedore company in the Far East providing coal processing. It includes the Coal unloading complex and Universal coal processing complex.

The share capital is equal to 623.605mln rub. split in 2125462 common and 368958 preferred stocks of 250 rub. par. The major holder is Eastern Stevedore Holdings Ltd. (74.57%); 25.43% being held by private and legal persons.

The 9-month 2013 net profit (RAS) declined 19.59% to 402.797mln rub. from 500.945mln rub.; revenues moved up 4.25% to 2.193bn rub. from 2.103bn rub.; profit from sales being down 16.98% to 250.669mln rub. from 301.935mln rub.; pretax profit - 15.45% to 544.399mln rub. from 643.873mln rub.


"AK&M", 24.03.2014

 

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