February 27, 2018 / 6:36 AM / 9 months ago

BRIEF-Orava Asuntorahasto Board Investigates Converting Co Into Investment Company

Feb 27 (Reuters) - ORAVA ASUNTORAHASTO OYJ:

* REG-THE BOARD OF DIRECTORS OF ORAVA RESIDENTIAL REIT IS INVESTIGATING THE POSSIBILITIES FOR CONVERTING THE COMPANY INTO AN INVESTMENT COMPANY AS AN ALTERNATIVE TO A REIT

* SAYS ‍ARRIVED AT OPINION THAT CURRENT LISTED REIT IS NOT AN IDEAL STRUCTURE FOR FUTURE DEVELOPMENT

* ‍WILL INITIATE NEGOTIATIONS ON MATTER WITH STOCK EXCHANGE, FINANCIAL SUPERVISORY AUTHORITY AND FINANCIERS​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below