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Asbis.pl calls in the debts of 4Media and MediaInvest

At least 1.8 million shares (4.5% of capital) of 4Media, belonging to MediaInvest, have been taken over by debt collectors on behalf of the creditor of both companies - Asbis.pl. 4Media owes around zl. 160,000 to Asbis.pl while MediaInvest, as 4Media's guarantor, owes around zl. 300,000. Asbis.pl has already filed for 4Media's bankruptcy, having concluded that it has stopped paying its creditors for good. The creditor has also been consistently taking over the assets of its debtors. According to Parkiet, the debt collector in question has already taken over the shares of Publishing House Wolne Slowo (Publisher of Zycie and Prawo i Gospodarka), belonging to 4Media. The debt collector has also directed its actions against MediaInvest, the major shareholder of 4Media, deposited in accounts with various brokerage houses. 4Media spokesperson Monika Sarnecka said, "4Media focused recently on negotiations with creditors on the issue of I series shares. This has caused certain delays in paying the debt to Asbis.pl. We will discuss the payment of the debt with Asbis.pl next week and intend to pay in cash." (Parkiet, p. 1) P.W.

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