Khartsyzk Tube's EGM Approves Share Subscription In Full.
18 July 2008
The EGM was held July 15. Earlier, on March 21, 2005, the company’s (HRTR: SELL) AGM approved the share issue. As a result, the company’s charter fund increased by 4.64 times, or ~USD 20 mln. The proceeds from the share issue will be used to construct a new production line for manufacturing single-seam large diameter pipes (Æ711 ? 1,420 mm).
