Glaston amends capital repayment proposal and publishes date for General Meeting

Date: 28 April 2020

Photo source

glaston.net

Date: 28 April 2020

Due to the significant deterioration in the global financial situation following the coronavirus Glaston Corporation’s Board of Directors has today in its meeting decided to amend the capital repayment proposal.

Due to the significant deterioration in the global financial situation following the coronavirus and the rapid changes in the company's business environment Glaston Corporation’s Board of Directors has today in its meeting decided to amend the capital repayment proposal. The Board of Directors proposes to the General Meeting that no return on capital shall be distributed.

The Board of Directors of Glaston Corporation has decided to convene the Annual General Meeting to be held on Thursday, 28 May 2020, and in this connection decided on an exceptional meeting procedure in accordance with the temporary legislation given by the Finnish Government on 24 May 2020. This enables to hold the meeting by remote participation during the COVID-19 pandemic. The Notice to convene the Annual General Meeting will be published as soon as possible.

On 20 March 2020, Glaston informed that the company has decided to postpone its Annual General Meeting which was originally scheduled to be held on Thursday, 2 April 2020, to a later date.

Glaston Corporation

Board of Directors

600450

glaston.net

2020-04-28T12:12:12

Glaston amends capital repayment proposal and publishes date for General Meeting glassonweb.com

See more news about:

WhatsApp LINKEDIN FACEBOOK X PRINT MORE

Others also read

MORE...

Automatic loading of flat tempering furnaces | Glaston

Glass tempering has traditionally relied on skilled manual labor to maintain quality. However, today’s labor shortages and industry challenges are driving the need for automation.

Insulating Glass: Airtight Units the Industry’s True Challenge!

Discover how precision at every production stage ensures airtight, high-performance insulating glass units.

© LiSEC; Dragan Krusic (Production Manager), Enea Durollari (LiSEC) and Dejan Krusic (CEO) front of the new LiSEC BSV-45NK bender

LiSEC & Profiglass: Reliable spacer bending as the basis for consistent insulating glass quality

Profiglass has been working with LiSEC technology since the early 1990s, integrating various machines for insulating glass production and spacer processing over the years.

Satinal’s successful showcase at Glasstech Mexico 2026

Glasstech Mexico 2026 has successfully come to a close, marking another milestone for Satinal as the company continues to reinforce its commitment to the Latin American market.

National Glass Expands Processing Capabilities with New FOREL Vertical Edgework Machine

National Glass has strengthened its production capabilities with the installation of a new FOREL Vertical Edgework Machine, currently being commissioned at the company's facility.

© National Glass: LiSEC insulating glass production line

Success Story: National Glass & LiSEC - A partnership built on reliability, innovation, and LONGLiFE solutions

LiSEC’s all.in.one:solutions have transformed National Glass’s operations. From order entry to dispatch, LiSEC machinery and software handle every step: cutting, edge deletion, seaming, laminating, and double glazing.