Business news from Ukraine

Business news from Ukraine

SOUTH KOREAN COMPANY CARIS RETURNS OVER SHARES OF UKRAINIAN CRANE BUILDING COMPANY TO FORMER SHAREHOLDERS

Caris Ukraine LLC (Kyiv), controlled by the South Korean company Caris, which in July 2020 concentrated more than 89.8% of the shares of the idle JSC Strila Crane Building Company (Brovary, Kyiv region) and then changed its name to Caris Rail Strila, withdrew from the shareholders of this company.
According to a statement in the information disclosure system of the National Securities and Stock Market Commission, according to data received by Caris Rail Strila from the depository on June 14, Caris Ukraine LLC owned 89.1% of its charter capital (another 0.02% was owned by co-owner Vladlen Levchuk), and the owners of a total of 89.79% of the shares were ex-head of the supervisory board Dmytro Prosin (31.43% of the shares of the joint-stock company), Natalia Lola (19.61%), and Andriy Kulyk (38.75%), which actually owned the same stakes prior to their acquisition by Caris Ukraine.
The reason for the corresponding changes in the shareholder structure was not specified in the report.
As reported, in July of this year, co-owner of Caris Ukraine LLC Vladlen Levchuk acquired 89.84% of the shares in Strila, which has not been conducting business for several years, from three large individuals at a price of $ 69.03 (or UAH 1,956 at the time of the conclusion of the sales contract) per share.
Caris Rail Strila, which employed nine people by the beginning of this year, does not carry out production activities (since 2015), and receives its main income from the sale of materials and partial lease of premises.
Caris, according to its information, has enterprises in many countries of the world: construction, logistics companies, companies for the production of innovative materials and components for road construction and traffic safety, and also has an R&D center that owns patented innovative technologies for the production of polymer and superhard materials used in heat power engineering, industrial electronics and mechanical engineering.

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SOUTH KOREAN CARIS PLANS TO BUY OUT SHARES OF MINOR SHAREHOLDERS OF CRANE BUILDING COMPANY

Caris Ukraine LLC (Kyiv), controlled by South Korean Caris, intends to buy out the shares of minority shareholders of Strila crane building company (Brovary, Kyiv region), in which it owns 89.837% of shares.
According to the public irrevocable demand published in the information disclosure system of the National Securities and Stock Market Commission of Ukraine, the shares from the minority shareholders will be redeemed at UAH 129.4 per share (with a par value of UAH 110).
The charter capital of JSC Strila is UAH 6.21 million.
At present, Strila plant, which employed ten people by the beginning of this year, does not carry out production activities (since 2015), and receives main income from the sale of materials and partial lease of premises.
Caris, according to its information, has enterprises in many countries of the world, construction, logistics companies, companies for the production of innovative materials and components for road construction and traffic safety, and also has an R&D center that owns patented innovative technologies for the production of polymer and superhard materials used in heat power engineering, industrial electronics and mechanical engineering.

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