TAIF Group in mass-media

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  “Vremya I Dengi” (“Time & Money”) newspaper,  

Tatarstan would save its share in “Nizhnekamskneftekhim”

  The Republic of Tatarstan represented by OJSC "Svyazinvestneftekhim" holding would save its stake in the issued share capital of OJSC “Nizhnekamskneftekhim”. This information was announced by Prime-minister of the Republic Rustam Minikhannov.
He said that “Svyazibvestneftekhim” was instructed to buy back the corresponding stake of “Nizhnekamskneftekhim” shares “by any means” if the additional emission took place. Rustam Miniikhannov declared that the decision on the additional emission was the legitimate one and didn't anyhow affect the shareholders rights.
Let us remind that "Nizhnekamskneftekhim" shareholders approved the additional emission for the amount of RUR 25.61 bkn during the extraordinary shareholders meeting that took place on December 11, 2006. Thus, the issued share capital of this company would be increased up to RUR 27.61 bln.


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