News
10.03.2010
Kernel Group to increase its statutory fund
![](/imglib/_newimage/pres_sluzhba/novosti/kernel_group_to_increase_its_statutory_fund.jpg)
The Poltava-based sunflower oil extraction plant of the Kernel Group of Companies has decided to increase its statutory fund by UAH 70.193 million to UAH 120 million (UAH 7.98 / USD 1), the enterprise said in a statement.
The statement says that it is planned to issue an additional 70,192,870 ordinary nominal shares with the value of UAH 1 per each share. The enterprise will conduct a closed placement of shares with the goal of increasing its statutory fund to replenish its fixed and circulating assets.
UKRINFORM