businesspress24.com - Ruric has applied for extension of the reorganization period
 

Ruric has applied for extension of the reorganization period

ID: 1010217

(Thomson Reuters ONE) - The district court of Stockholm resolved on 2009-11-10 that companyreorganization, according to the Swedish Company Reorganization Act, should beinitialized for Ruric. Roland Sundquist, lawyer at Gr?rgs Advokatbyr?wasappointed as administrator.Since 3 months have lapsed since the reorganization started, Ruric has appliedto the district court to grant extension of the reorganization for another 3months.The company and the administrator are of the opinion that enough reasons prevailfor such extension. A united creditor's committee is in favour of the extension,and a proposition for a composition is about to be announced to the company'screditors.Russian Real Estate Investment Company AB (publ)For further information Craig Anderson, CEO Phone  +7 812 703 35 50 (St. Petersburg) Phone +46 8 509 00 100 (Stockholm) e-mail craig(at)ruric.com ABOUT RURICRuric's business concept is to acquire, develop, manage, lease out and divestreal estate assets in St. Petersburg, Russia, offering top-quality commercialpremises in the best locations, thus contributing to the successful businessperformance of its tenants. The company's vision is to become a leading realestate company in central St. Petersburg.The company's strategy is to identify high-potential real estate in the citycentre of St. Petersburg, structure appropriate deals and acquire at best price.After renovation top-notch commercial space is offered to tenants seeking thebest possible premises and that are willing to pay for such premises.Ruric's Certified Advisor on First North is Erik Penser Bankaktiebolag[HUG#1382923] Press release: http://hugin.info/141656/R/1382923/341811.pdf




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Invitation to presentation of the Full Year Report on 17 February
Bereitgestellt von Benutzer: hugin
Datum: 10.02.2010 - 07:52 Uhr
Sprache: Deutsch
News-ID 1010217
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