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Cimos Seeks Debt-to-Equity Conversion

Koper, 1 April - The shareholders of automotive group Cimos are to meet on 30 April to vote on the company's proposal to convert between EUR 112m and EUR 186m of debt to equity. The funds initially earmarked to cover debt are to be reduced by nearly EUR 53m to EUR 16.65m to cover the operating loss.

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