Kramatorsk Cement Pushka AGM to Consider Tenfold Charter Fund Increase

At their AGM on April 23, Kramatorsk Cement Pushka (KRCS: N/R) shareholders will vote on a 10x charter fund increase to USD 8.3 mln through an additional share issue, Interfax reports. The company is planningto issue 3.767 bln shares at par, USD 0.002 per share. Proceeds will be spent on increasing the company’s current assets. If approved, subscription would take place from June 26 to July 11.