PSzÁF decision: Zalakerámia must publish changes in its portfolio
Friday, September 16, 2005, 09:01
Hungarian financial market regulator PSzÁF has suspended a request by ceramics maker Zalakerámia Rt to rescind its obligation as a public company to publish information, business daily Napi Gazdaság reported. Zalakerámia filed the request with the Company Court of Zala County on August 9, arguing that its owners completed a buyout offer, delisted and invalidated shares not presented in the public purchase offer. PSzÁF, however, said that, in an unrelated investigation, it found there was insufficient evidence to show Zalakerámia is, in fact, operating as a closed company.