Khlibprom to Restructure Two Breadmakers into Holding
9 October 2008
At their AGM on November 23, Khlibprom (HLPR: U/R) shareholders will vote to unite two of the company’s bread factories (Gaysin and Kalysh), under the Khliprom brand. This move will increase the company’s statutory fund bby USD 1.8 mln. Currently Khlibprom owns Gaysin, but it is not consolidated into the company’s financials, while Kalysh is controlled by Khlibprom related parties.
