In Brief: TPSA securities; Chelverton mall; SM Media; More on TPSA fine

TPSA. has issued short term securities with a nominal value of zl.150 million. This issue follows the company's resolution made on December 19, in which an issue of zl.350 million securities was announced with an option to increase the issue up to zl.1 billion. (Reuters, April 1) ... Chelverton International has received a permit for constructing a new shopping mall in Katowice. The center, with a total commercial space 70,000 square meters, will be located along the main Katowice-Chorzow route. (Rzeczpospolita, April 2, p. D3) ... Private telecommunications company SM Media has received from the Telecommunications Regulatory Office (URT) permission to provide general fixed line services, including long-distance connections (with a 1031 prefix), and permission for providing virtual long-distance services. The company is seen as a potential virtual mobile telephone operator. (Rzeczpospolita, March 30, April 1, p. B2), Witold Grabos who on Friday was nominated as the new head of the Telecommunications Regulatory Offices (URT), said he does not exclude reversing the decision to fine TPSA zl.350 million. According to Grabos the decision of his predecessor was unclear. (Rzeczpospolita March 30, April 1, p. B1) M.T.