Investment company Seba to file complain with KPWIG

Katowice-based investment company Seba, plans to file a complaint with the S ecurity and Stock Exchange Commission (KPWiG) over Hydrobudowa Śląsk's decis ion to not obey the information duty. "At the end of June we placed lawsuits against Hydrobudowa, in which we demanded the annulling of decisions of them putting mortgages on their real estates. The company has so far not informed the bourse," said Seba president Artur Kisiel. Deputy president of Hydrobudo wa, Jarosław Dusiło, claimed that the firm could not inform the bourse out s omething that it was not aware of. Kisiel also accused the Hydrobudowa manag ement of acting against the firm. "Buying back shares and taking investment loans for this purpose must lead to financial weakening within the company o r even its bankruptcy," justified the Seba president. Hydrobudowa management claims that it was defending itself against a hostile takeover from Seba. (P uls Biznesu, p. 6) M.M.