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on website blog too http://www.pkl.com/blog/2015/02/27/investorenprozess-fuer-hightex-gmbh-erfolgreich/
http://www.pkl.com/ Check the RNS's they have Jorg Spies as their CRO
jamzyee - "100% genuine, its from the company carrying out the procedure for Hightex" And which company is this?
Me the moneeeeeeeey.
+lazerSearchImagesMore lazer pepa0 Share… Translate German English Spanish Detect language English Albanian Spanish Press Release Investors process for Hightex successfully Creditors' Committee voted unanimously in favor of redevelopment plan management Bernau, February 25, 2015. Elena Baturina, former CEO and shareholder of Inteco Company, one of Russia's largest construction company, intends to 100% of the shares at the in-plan self-administered insolvency company Hightex under the condition take account the plan adoption. The Creditors' Committee has unanimously on 25 February after Discussion of the present deals on the acceptance of the offer pronounced. This could by the introduction of an insolvency plan on gaining a strategic investor oriented restructuring process of the company will be continued. The Hightex is par- internationally in the field of constructive architectural membrane construction particular in the field of stadium roofs active. Hightex has, among other things, the membrane roofs / facades and partly the cable structures for the Maracana stadium (Rio de Janeiro) and Beira Rio (Porto Alegre) for the 2014 World Cup in Brazil, for the Green Point Stadium (Cape Town) and City Soccer Stadium (Johannesburg) for the 2010 World Cup in South Africa as well as the Olympic Stadium Kiev and the Na- onalstadion Warsaw realized for the 2012 European Football Championship. The main cause of the crisis situation, the impact of embezzlement of funds in 3.3 million euros by the manager of the Brazilian joint venture partner in connection connection with the construction of two stadiums for the World Cup in Brazil and the resulting therefrom the liquidity problems. The more years of successful experience of the investor in the construction area in Russia, as well as in Europe, and the planned strengthening of the Kapitalausstatung Hightex enable a comprehensive expansion of international business of Hightex GmbH. With the implementation tion provided for in the insolvency plan restructuring measures are the reasons for insolvency eliminated. The insolvency plan will be promptly submitted to the competent bankruptcy court in Rosenheim. The investor and the company expected as a consequence the consent of the Holders of insolvency plan of the Company and the conclusion of the management in self-administration carried led insolvency proceedings under the leadership of the Dresden bankruptcy law expert lawyer Jörg Spies. This is already been ordered in the opening process for managing the Hightex the. Trustee of the creditors is a lawyer Hanns Pöllmann, Munich. The insolvency plan is on the company's preservation and restoration of profitability directed. There is the possibility of the legal rule, the smashing of a company define different agreements within the framework of the Insolvency Act, the case of confirmation of
100% genuine, its from the company carrying out the procedure for Hightex
.....and do not rule out the fact the buyout article could be completely made up. Shareholders can only wait and hope for the best.
When i read this board,i,ll settle for0.25!
link to doc http://www.pkl.eu/pdf_presse/0/PM-Investorenprozess-Hightex-GmbH.pdf
Jesus pumpky i bet you only smile when you let a fart out
EXACTLY,Expect nothing,and what/if arrives is a bonus!
Richest woman... ££££££
http://en.wikipedia.org/wiki/Inteco "Inteco (Интеко in Russian, "Inteko") is a Russian construction company, 99% of which is owned by Yelena Baturina, Russia's richest woman and wife of former Moscow city mayor, Yuriy Luzhkov." Shareholders have to wait and see what the offer is. There are creditors so do not necessarily expect a massive premium if anything at all.
lets now open a sweepstake on the SP rise on the back of this news ;)
https://www.genios.de/ search hightex (obvs)
lol ive just checked the same website and the same 2 documents are now titles with todays date, im thinking they are just generic docs containing company info
so you have X k gbp tied up here and couldnt be bothered to pay 40 quid..... if you had you could have loaded up 5 -10 mill easily at 0.15-0.16 !!! now take a 100 lines "I must not be a tightwad when playing with aim shares...."
The creditors committee would have come to a decision before the court hearing today.
yes M4U,since 25th when jamz said that there is an article in genios,and we were trying to read,but they were asking £40 to open it!! wish we had read that article and bought more of this!!
Released only just now on pkl website, maybe they are finalizing the offer today?
thats dated the 25th though???
Great work.
or strategic partner?! This is better than good!!!!
The membranes used in sports stadiums and Arenas, airport terminals, train stations and shopping centers are used to light, weather-resistant To realize roof and facade constructions. Hightex uses environmentally friendly Mate rials and focuses on innovative technologies and coatings that help the Energy performance of buildings to increase. Hightex is one of the world's leading companies, the these structures design, manufacture and install internationally. Hightex has, inter alia, the roofs of the Brazilian Stadium icon Maracanã in Rio de Janeiro and the Beira-Rio stadium in Porto Alegre, both Venues of games of the World Cup 2014 in Brazil, the roof of the Olympic Stadium in Kiev, the venue for the EURO 2012 finals, the world's first movable membrane cushion roof in BC Place Stadium, Vancouver, the facade of the Green Point stadium in Cape Town, the roof the Soccer City Stadium in Johannesburg for the 2010 FIFA World Cup, the movable roof Wimbledon Centre Court, the facade of the Burj Al Arab hotel in Dubai and the roof of the Suvarnabhumi International Airport in Bangkok realized. Headquartered in Bernau am Chiemsee in Germany, the parent company Hightex Group PLC is on AIM Market of the London Stock Exchange (LSE: HTIg) listed. More information about Hightex Group plc, see www.hightexworld.com About pkl Spies Restructuring - Bankruptcy Administration - Legal Advice pkl Spies restructuring - is a legal advice on Insolvency - Bankruptcy Administration and corporate recovery firm specializing. With the creation of rehabilitation concepts and their implementation in the context of insolvency plan with self-administration of entry to the Executive Board is a lawyer Jörg Spies one of the few restoration experts in Germany, in the Crisis situations also assume operational responsibility in companies. He looked at pklVerbund with five other insolvency numerous methods. pkl has 20 certified professionals and more than 70 employees in Bingen, Dresden, Berlin, Frankfurt / Main, Erfurt, Leipzig and Kaiserslautern represented. More at www.pkl.com About firm PÖLLMANN The firm was founded in 1997 and PÖLLMANN with sites in Munich, Dingolfing, Nuremberg and Gera today leading to the insolvency administration firms in southern Germany. Main article is the administration of insolvent companies. Hanns Pöllmann, founder and owner of the firm, lawyer, lawyer specializing in bankruptcy law and Attorney Mediator (DAA). He is co-initiator and founding member of INSOLGROUP, an independent and nationwide alliance of quality-oriented insolvency administration offices. About Elena Baturina Elena Baturina is an entrepreneur and a philanthropist, owner of a European hotel chain and founder of an international charitable foundation Be Open, former owner and CEO the company Inteco, one of Russia's largest construction companies. After the sale of your Shares in Russia in 2011 moved wife Baturina their business in
Press Release Investors process for Hightex successfully Creditors' Committee voted unanimously in favor of redevelopment plan management Bernau, February 25, 2015. Elena Baturina, former CEO and shareholder of Inteco Company, one of Russia's largest construction company, intends to 100% of the shares at the in-plan self-administered insolvency company Hightex under the condition the Plan Adoption take over. The Creditors' Committee has unanimously on 25 February after Discussion of the present deals on the acceptance of the offer pronounced. This could by the introduction of an insolvency plan on gaining a strategic investor oriented restructuring process of the company will be continued. The Hightex is internationally recognized in the field of constructive architectural membrane construction in particular involved in stadium roofs. Hightex has, among other things, the membrane roofs / facades and partly the cable structures for the Maracana stadium (Rio de Janeiro) and Beira Rio (Porto Alegre) for the 2014 World Cup in Brazil, for the Green Point Stadium (Cape Town) and City Soccer Stadium (Johannesburg) for the 2010 World Cup in South Africa as well as the Olympic Stadium Kiev and the National Stadium Warsaw realized for the 2012 European Football Championship. The main cause of the crisis situation, the impact of embezzlement of funds in 3.3 million euros by the manager of the Brazilian joint venture partner in connection with the construction of two stadiums for the World Cup in Brazil and the resulting Liquidity problems. The more years of successful experience of the investor in the construction area in Russia, as well as in Europe, and the planned strengthening of the Kapitalausstatung Hightex enable a comprehensive expansion of international business of Hightex GmbH. With the implementation of provided for in the insolvency plan restructuring measures are the reasons for insolvency eliminated. The insolvency plan will be promptly submitted to the competent bankruptcy court in Rosenheim. The investor and the company expected as a consequence the consent of the Holders of the insolvency plan the Company and the conclusion of the process performed by the management in self-administration Insolvency proceedings under the leadership of the Dresden bankruptcy law expert lawyer Jörg Spies. This has already been ordered in the opening process for managing the Hightex. Trustee of the creditors is a lawyer Hanns Pöllmann, Munich. The insolvency plan is on the company's preservation and restoration of profitability directed. There is the possibility of the legal rule, the smashing of a company define different agreements within the framework of the Insolvency Act, the case of confirmation of Are binding on all creditors insolvency plan of the company. About Hightex The Hightex GmbH, Bernau, Germany, a subsidiary of Hightex Group plc., Is a system supplier for textile architecture, as well as cable stru