The agenda of the regular shareholders' meeting of JSC "Lutsk Automobile Plant" (LuAZ), scheduled for March 18, 2005, at the request of a shareholder owning more than 10% of the charter fund, has been supplemented with an issue regarding the issuance of bonds, according to the official publication of the State Commission for Securities and Stock Market. \n \nIn addition, the meeting plans to hear the report of the LuAZ board of directors on the results of financial and economic activity for 2004, approve the results of activity for 2004 and approve the financial plan for 2005, introduce changes and amendments to the charter, and adopt a decision to increase the company's charter fund by UAH 648 million to UAH 832 million. \n \nThe increase of LuAZ's charter fund is envisaged by the new investment program. Recall that changes to the Investment Program for the production of trucks and buses at LuAZ were introduced by the Cabinet of Ministers in January 2005. \n \nFor reference. Currently, 64.68% of LuAZ shares belong to an enterprise, 16% of shares - to the "Ukrainian Automobile Holding". In 2000, the "Ukrainian Industrial and Investment Concern" acquired 81.11% of LuAZ shares. \n \n
LUAZ intends to issue bonds
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