NABI shareholder proposes recall of boards


Tamás Korányi, a private investor exercising control over 10% of bus maker NABI's shares, has proposed recalling the company's boards and voting on board member fees at an extraordinary shareholders' meeting to convene on July 18, the modified agenda for the meeting published on the website of the Budapest Stock Exchange (BÉT) shows.

Before Korányi's proposal, the EGM was to have voted on appointments to the boards. Korányi has also proposed authorizing the board to purchase treasury shares up to 10% of registered capital at a price of between 50% and 112% of nominal value. The agenda for the meeting will again include a motion to liquidate the company. At a shareholders' meeting on April 27, shareholders narrowly rejected the motion. Earlier items remaining on the agenda include a motion to raise capital Ft 1.028 billion and authorize the board to acquire some parts of auto parts businesses. 


Business confidence falls slightly in June Analysis

Business confidence falls slightly in June

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.