Brief: Youbisheng Green Paper says capital increase partially subscribed

Altech Advanced Materials AG

14/11/2016 07:53

Nov 14 (Reuters) - Youbisheng Green Paper AG  YB1.F : 
    * Said on Friday in capital increase approved by the Annual 
General Meeting on September 7, 2016 subscriptions amounting to 
approximately 295 thousand euros ($318,571) have been received 
by the company 
    * Assumes that the provisional insolvency administrator, 
after implementation and registration in the commercial register 
of all capital measures adopted by the Annual General Meeting on 
September 7, 2016, will seek the opening of the insolvency 
proceedings and submit the insolvency plan in the draft 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nPexyYmmna 
     
 Further company coverage:  YB1.F   
    
 
 
 
($1 = 0.9260 euros) 
 
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