SCT Shareholders Approve Debt Conversion Plan

Ljubljana, 23 May - Shareholders of insolvent construction company SCT approved on Monday a plan under which debtors would have their claims converted into ownership stakes, in what is the newest step to stave off receivership.

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May 23, 2011, 20:07 gj/mab

Basic information

Publish time: May 23, 2011, 20:07

Category: Business, Finance and Economy

Keywords: COMPANIES, DEBT

Author: gj/mab

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