24 June 2010
Kernel Holding SA (WSE: KER PW) said in a statement today that it has no obligations of any kind related to the acquisition from Cross Trade Financial Ltd of a 6% minority interest in Corolex Public Co Ltd. Kernel issued the clarification in response to what it said was erroneous information disseminated by news agencies. Kernel said that restructuring of recently acquired assets would be conducted within the requirements of Cyprus law and Corolex’s articles related to minority rights.