PARTNERS UNITED FOR SILK
Next February 9 days we will have a meeting in Madrid, as I have advance by email, where we detail the topics.
Given the importance of this meeting NECESSARY to choose us the largest possible number of shareholders.
Given the difficulty of going to the Madrid meeting of shareholders of the rest of Spain, we thought it appropriate to also conduct meetings in the various autonomous communities to provide all assistance to them. It will communicate via mail to shareholders outside Madrid all the details of the meeting and mail the name and associate partner will coordinator for this meeting in each Autonomy.
reiterate the importance of such meetings which I encourage you to make an effort and choose us as many , we are all affected and we must all become involved in order to achieve our goals.
I do not need to remind you that the capital increase approved at the EGM is completely unfavorable to us, and be conducted under conditions approved be the last straw for minority shareholders .
We are still in time to stop this HIT, UNITED WE
Sunday, January 31, 2010
Friday, January 29, 2010
Spiritual Get Well Wishes
SOMETHING MORE ABOUT THE SALE OF WILTON
In hoped that Mr. Morlanes, President of La Seda, has time to call us to give details on the sale of the plant in Wilton, we can make the following comments:
Mr. Carlos Gila, vice president of The Silk us commented that he could neither confirm nor deny the news.
According to Mr. Gila, La Seda has nothing to do with Wilton and , because from the month of July is in bankruptcy and La Seda came to a total disengagement agreement.
is therefore Wilton administrator who has authority to make the decision to sell the plant without having to anything with the Silk Road.
What seems to mean that The Seda will have no profit from the sale of Wilton.
If confirmed what was said by Mr. Gila, we can say that again we have a operation of existing SUCCESSFUL MANAGERS silk.
hope the explanations of Mr. President and this time we will see who is responsible for successful operation .
remember that investment by Wilton La Seda has registered the 210 million, of which deteriorated 124 million in the accounts of 12/31/1908 and 86 million remaining in the accounts of 30/09/2009. We
also the subject of the 45 million euros in favor of La Seda de Barcelona on impaired loans that we think should be RECOVERED if Koreans have bought Wilton. Those 45 million would mean that the action would have to value it at 0.07 euros more than the assessment performed to 30/09/1909.
seems that the KP CHEMICAL price paid for this operation is 60 million euros, remember that 60 million would increase the valuation of the share at 0.10 euros.
As we can see many details that Mr. Morlanes, President of The Silk Road, has an obligation to explain. These WIZARDS OF MANAGEMENT have achieved a higher loss to 250 million euros this brilliant operation. UNITED WE
In hoped that Mr. Morlanes, President of La Seda, has time to call us to give details on the sale of the plant in Wilton, we can make the following comments:
Mr. Carlos Gila, vice president of The Silk us commented that he could neither confirm nor deny the news.
According to Mr. Gila, La Seda has nothing to do with Wilton and , because from the month of July is in bankruptcy and La Seda came to a total disengagement agreement.
is therefore Wilton administrator who has authority to make the decision to sell the plant without having to anything with the Silk Road.
What seems to mean that The Seda will have no profit from the sale of Wilton.
If confirmed what was said by Mr. Gila, we can say that again we have a operation of existing SUCCESSFUL MANAGERS silk.
hope the explanations of Mr. President and this time we will see who is responsible for successful operation .
remember that investment by Wilton La Seda has registered the 210 million, of which deteriorated 124 million in the accounts of 12/31/1908 and 86 million remaining in the accounts of 30/09/2009. We
also the subject of the 45 million euros in favor of La Seda de Barcelona on impaired loans that we think should be RECOVERED if Koreans have bought Wilton. Those 45 million would mean that the action would have to value it at 0.07 euros more than the assessment performed to 30/09/1909.
seems that the KP CHEMICAL price paid for this operation is 60 million euros, remember that 60 million would increase the valuation of the share at 0.10 euros.
As we can see many details that Mr. Morlanes, President of The Silk Road, has an obligation to explain. These WIZARDS OF MANAGEMENT have achieved a higher loss to 250 million euros this brilliant operation. UNITED WE
Wednesday, January 27, 2010
Simi Girewal Nued Mera Naam Jokar
POSSIBLE SALE OF PLANT WILTON
seems that the Korean company has bought KP Chemical Plant WILTON. Http://www.nebusiness.co.uk/business-news/latest-business-news/2010/01/27/artenius-saved-by-korean-company-51140-25696157/
try to get in touch with leaders of La Seda to see if they confirm or deny the news.
Well it seems that we like about the information we have to get their news from the press.
seems that the Korean company has bought KP Chemical Plant WILTON. Http://www.nebusiness.co.uk/business-news/latest-business-news/2010/01/27/artenius-saved-by-korean-company-51140-25696157/
try to get in touch with leaders of La Seda to see if they confirm or deny the news.
Well it seems that we like about the information we have to get their news from the press.
Cruise Spots Jacksonville
plant La Seda in El Prat resume its activity in March SEDA BARCELONA
Time: 19:14 Fuente: EFE
Admin Barcelona, \u200b\u200b26 feb (EFE) .- The president of the chemical group La Seda, José Luis Morlanes, today announced that its factory in El Prat de Llobregat (Barcelona), stalled since June last year, activity will resume next March. Morlanes
today met with the Catalan president, Jose Montilla, the Palau de la Generalitat to explain what the current situation of the company, which in recent months has experienced serious economic problems, and submit personally to the president of the Portuguese group Glass BA, Carlos Moreira da Silva, the company that is the new shareholder of silk.
At the meeting, Montilla Morlanes has expressed its strong commitment to place the Silk "as a European company based in Catalonia," despite the Portuguese origin of his new industrial partner, as reported by Efe sources close to the company.
plant El Prat, dedicated to the production of PET, the material used to manufacture plastic bottles and containers, is stopped since the end of June 2009 due to lack of liquidity of the company.
The nearly 200 workers at the plant are affected by a record of employment regulation (ERE) temporal and denounced on numerous occasions delays in the payment of payrolls.
However, the recent grant by the Catalan Institute Finance (ICF), a loan of 15 million to La Seda will provide working capital to the company and will resume in the coming weeks the activity of El Prat.
The Catalan multinational is in the process of renegotiating the syndicated loan signed in 2006 worth 600 million euros. Morlanes
noted in this regard so far has reached agreement with 85% of the creditor banks and the restructuring process forward "by leaps and bounds."
also the capital of 300 million euros to the shareholders of La Seda approved last December, "is ongoing, so the direction of the chemical group is optimistic about a quick solution of economic problems that drag the company whose share price has been suspended for seven months.
Indeed, La Seda announced today that it has made a loan of 371 million euros for the construction of a new PTA plant-material for making plastic containers, in Sines, Portuguese town south of Lisbon.
Portuguese Caixa Geral entity led this operation, which provides funding for a term of 15 years.
La Seda says that this new plant, whose construction began in March 2008, will cover the deficit of PTA in Europe, which imports of Asia about 500,000 tons of this product.
The future factory will be integrated into the Group as Artenius Silk Sines, will begin commercial operations during the second half of 2011 and will have a production capacity of 700,000 tons of PTA. MarketWatch
http://www.invertia.com/empresas/noticias/noticia.asp?idDoc=2279694&idtel=RV011SEDABAR
Time: 19:14 Fuente: EFE
Admin Barcelona, \u200b\u200b26 feb (EFE) .- The president of the chemical group La Seda, José Luis Morlanes, today announced that its factory in El Prat de Llobregat (Barcelona), stalled since June last year, activity will resume next March. Morlanes
today met with the Catalan president, Jose Montilla, the Palau de la Generalitat to explain what the current situation of the company, which in recent months has experienced serious economic problems, and submit personally to the president of the Portuguese group Glass BA, Carlos Moreira da Silva, the company that is the new shareholder of silk.
At the meeting, Montilla Morlanes has expressed its strong commitment to place the Silk "as a European company based in Catalonia," despite the Portuguese origin of his new industrial partner, as reported by Efe sources close to the company.
plant El Prat, dedicated to the production of PET, the material used to manufacture plastic bottles and containers, is stopped since the end of June 2009 due to lack of liquidity of the company.
The nearly 200 workers at the plant are affected by a record of employment regulation (ERE) temporal and denounced on numerous occasions delays in the payment of payrolls.
However, the recent grant by the Catalan Institute Finance (ICF), a loan of 15 million to La Seda will provide working capital to the company and will resume in the coming weeks the activity of El Prat.
The Catalan multinational is in the process of renegotiating the syndicated loan signed in 2006 worth 600 million euros. Morlanes
noted in this regard so far has reached agreement with 85% of the creditor banks and the restructuring process forward "by leaps and bounds."
also the capital of 300 million euros to the shareholders of La Seda approved last December, "is ongoing, so the direction of the chemical group is optimistic about a quick solution of economic problems that drag the company whose share price has been suspended for seven months.
Indeed, La Seda announced today that it has made a loan of 371 million euros for the construction of a new PTA plant-material for making plastic containers, in Sines, Portuguese town south of Lisbon.
Portuguese Caixa Geral entity led this operation, which provides funding for a term of 15 years.
La Seda says that this new plant, whose construction began in March 2008, will cover the deficit of PTA in Europe, which imports of Asia about 500,000 tons of this product.
The future factory will be integrated into the Group as Artenius Silk Sines, will begin commercial operations during the second half of 2011 and will have a production capacity of 700,000 tons of PTA. MarketWatch
http://www.invertia.com/empresas/noticias/noticia.asp?idDoc=2279694&idtel=RV011SEDABAR
Tuesday, January 26, 2010
What Healing Ringworm Looks Like
RELEASE. CATALAN INSTITUTE OF FINANCE
The Department of La Seda de Barcelona SA informs that under the plan restructuring approved by the Shareholders, has concluded the Project Finance for the plant MEGA PTA has Sines Group amounting to 371 million euros.
D. José Luis Morlanes
Chairman of the Board of Directors
The Department of La Seda de Barcelona SA informs that under the plan restructuring approved by the Shareholders, has concluded the Project Finance for the plant MEGA PTA has Sines Group amounting to 371 million euros. Project Finance be disbursed after the execution of the capital stock of the Company.
Sincerely,D. José Luis Morlanes
Chairman of the Board of Directors
Tuesday, January 12, 2010
Myammee's Breast Shakin I Love Money
GIVES CREDIT TO THE SILK A 15 MILLION EUROS. SEDA BARCELONA DISCLAIMER
The management of the Company reports that the Catalan Institute of Finance has agreed to grant a loan to La Seda de Barcelona, \u200b\u200bSA worth 15 million euros.
The management of the Company reports that the Catalan Institute of Finance has agreed to grant a loan to La Seda de Barcelona, \u200b\u200bSA worth 15 million euros. As been indicated, this credit facility is required to undertake the restructuring plan approved by the Extraordinary General Meeting of last December 17, 2009.
Currently documents are being prepared under which the loan will be formalized. The signing of the loan will take place in the coming days and it will be given appropriate consideration.
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