Bulgarian Investment Group REIT-Sofia, BSE code - BIG, has filedthe following Information with BSE-Sofia: The Board of Directors of Bulgarian Investment Group REIT has taken a decision on 26.02.2008 to sell the following property of the company: - A 92.83 sq. m apartment at the price of EUR 98,000 (inclusive of VAT) in compliance with the evaluation prepared by an independent licensed assessor. The deal is not within the scope of Art. 114 and the next ones of the POSA. Buyer on the transaction will be Geo Style Engineering OOD.
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EMKA AD-Sevlievo, BSE code - EMKA, informed BSE-Sofia about the following: In view of a technical mistake in the financial statements of EMKA AD-Sevlievo, the company will submit again the set of documents concerning the fourth quarter of 2007. The correction concerns a change of the participation of EMKA AD in the capital of Industrial Capital Holding from 12.96% to 10.22%.
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CB MKB Unionbank AD, BSE code - BUNB2, has filed the following Information with BSE-Sofia: The Chairman of the management Board of BayernLB, Mr. Werner Schmidt, has resigned and Dr. Michael Kemmer will be the new Chairman of the Board. BayernLB, Germany is the majority owner of MKB Bank Nyrt., Hungary and holds 60% of MKB Unionbank shareholders' capital.
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Super Borovets Property Fund REIT-Varna, BSE code - SBPF, has filed the following notification with BSE-Sofia: Super Borovets Property Fund REIT has agreed a credit with Alpha Bank and respectively obtained EUR 1.8 million, in order to finance the purchase of a regulated landed property of 2,080 sq. m area in Balchik, including a solid commercial building built thereupon comprising a hotel, a restaurant and service rooms with a total built-up area of 1,635 sq. m.
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