In Brief: Kama Foods; SII law suit against Mostostal Siedlce; Stalprodukt

In the second tender for the sale of bankrupt Kama Foods, only one offer was submitted. The minimum price set by the receiver was zł. 80.25 million. The offer was submitted by Ewiko, which proposed a price not much higher than the minimum. Behind Ewiko stand two large market players, the names of which were not revealed. The receiver will begin negotiations with Ewiko next week. (Parkiet, p. 6) ... The Association of Individual Investors (SII) has begun legal proceedings in the Lublin district court against Mostostal Siedlce, relating to a recent decision to unlawfully, according to SII, increase the number of supervisory board members from five to six. In SII's attempt to block the company's merger with Polimex Cekop, the Association representatives also said that Polimex does not have the right to vote during Mostostal's shareholders meetings, as their acquisition of over 50% of shares in Mostostal was carried out without the agreement from the Securities and Stock Exchange Commission. (Puls Biznesu, p. 10) ... Following ten months of investigations, the Tarnów district prosecutor has closed a case against the management of publicly listed Stalprodukt, a company specializing in making steel products. The legal proceedings were commenced on the request of Polish Steel Mills which lost control over the company. (Puls Biznesu, p. 9) A.K.