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TKM: Divisions of subsidiary of Tallinna Kaubamaja AS (KIA Auto AS)

Spekuliantai.lt | 2013-05-16 | NASDAQ OMX biržų naujienos | perskaitė: 727
Raktiniai žodžiai: Tallinna Kaubamaja, TKM
TKM: Divisions of subsidiary of Tallinna Kaubamaja AS (KIA Auto AS)

Tallinna Kaubamaja Company Announcement 16.05.2013

Divisions of subsidiary of Tallinna Kaubamaja AS (KIA Auto AS)

Tallinna Kaubamaja AS published the Stock Exchange announcement on 27 March
2013, which stated that with the intention of improving the structure and
making the administration of the group more transparent, divisions of its
subsidiary KIA Auto AS shall take place. According to the above mentioned Stock
Exchange announcement, the cars sales activity of the group in Estonia shall be
focused to AS Viking Motors; and the shareholdings of KIA Auto AS in Latvian
subsidiary SIA KIA Automobiles and Lithuanian subsidiary UAB KIA Auto shall be
transferred directly to TKM Auto OÜ.

On 16 May 2013 the Commercial Register registered the divisions of KIA Auto AS.
According to the division agreement signed on 27 March 2013 KIA Auto AS
transferred by division the share of OÜ Ülemiste Autokeskus to the recipient
company, AS Viking Motors. According to the division plan signed on 27 March
2013 KIA Auto AS transferred by division the shares of SIA KIA Automobiles and
UAB KIA Auto to the recipient company, OÜ Opti Auto. OÜ Opti Auto was entered
to the Commercial register also on 16 May 2013. OÜ Opti Auto is a 100%
subsidiary of OÜ TKM Auto, which in turn is a 100% subsidiary of Tallinna
Kaubamaja AS. The division resolutions were adopted on 5 April 2013. The share
capital of the company being divided does not change.


Raul Puusepp
Chairman of the board
Tel +372 731 5000

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2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos

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