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Podravka to reduce share capital to cover loss

Autor: mses
ZAGREB, May 2 (Hina) - The general assembly of shareholders in the Koprivnica-based Podravka food maker, which is set for 20 June, will consider a proposal on loss coverage for the business year 2012 and previous years through "the simplified reduction of the Company's share capital" by reducing the nominal value of the company's share from HRK 300 to 200, according to the invitation to Podravka's general assembly, released on the Zagreb Stock Exchange (ZSE) on Thursday.

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