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[News] Met@box shareholder meetingANN.lu
Posted on 26-Jul-2000 15:31 GMT by Christian Kemp7 comments
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A German-language article provides some insight into Met@box's first shareholder meeting. At a shareholder meeting, they were criticized for providing a business report that wasn't understandable and contained not enough details. In the first hald of 2000, Met@box registered a loss of one Million Deutschmark. The revenue growth in 1999 and 2000 is apparently mainly caused by the purchase of Amstrad, who are now owned 100% by Met@box. Other complaints were issued because Met@box announced two large volume orders, but didn't give many details as to which large company initiated that deal. A second public offering of two million shares at the London stock exchange was also announced, but Stefan Domeyer didn't mention any dates. I hope my quick German-English translation/summary with no dictionary at hand is understandable. I'm not sure if I always used the right technical expressions.
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