Business news from Ukraine

Business news from Ukraine

CYPRIOT FUNEMI LIMITED TO PURCHASE 100% OF RENAISSANCE COMPANY

20 January , 2016  

KYIV. Jan 20 (Interfax-Ukraine) – Cypriot company Funemi Limited intends to acquire 100% of shares in PJSC Renaissance (Brovary, Kyiv region), part of NEST group of companies (Kyiv).

According to a company report in the information disclosure system of the National Commission on Securities and the Stock Market, Funemi Limited plans to acquire 322 million common registered shares in PJSC Renaissance.

As indicated in the report, as of January 12, 2016 Funemi Limited did not hold shares of PJSC Renaissance.

PJSC Renaissance was created in 2003. Its core business is leasing and operating own or rented real estate.

As of January 19, 2015, 100% of the charter capital or 322 million ordinary registered shares of the company with a nominal value of UAH 0.1 belonged to an individual. The director general of the company is Mykola Shnipko.