Far Eastern Shipping Company
Far Eastern Shipping Company: FESCO Board of Directors approved the list of candidates to the Board of Directors
Far Eastern Shipping Company / Key word(s): Miscellaneous August 9, 2013 FESCO Board of Directors approved the list of candidates to the Board of Directors FESCO Board of Directors held its meeting on August 6, 2013. The meeting approved the following list of candidates to FESCO Board of Directors for voting at the next Extraordinary General Shareholders’ Meeting (EGM), which is scheduled for September 3, 2013: – Ruslan Alikhanov – Alexander Vinokurov – Jacob Grapengiesser – Sergei Zakharov – Dmitry Kalinin – Stefan Kowski – Stephen Peel – Evgenia Turikova – Marat Shaidayev The agenda of the EGM also includes the approval of the Company’s restated Draft Articles of Association and the restated Draft Regulations on the Board of Directors. The Board of Directors scheduled the next Extraordinary General Shareholders’ Meeting for September 12, 2013 to approve the auditor for 2013 to perform the audit according to Russian accounting standards. About FESCO FESCO is one of the largest Russian port owners and operators with integrated rail and logistics businesses and primarily focused on intermodal deliveries of containerized cargo. The Group owns port, rail and shipping assets, which allow it to provide door-to-door logistics solutions and control almost all steps of the intermodal transportation value chain. The majority of FESCO’s operations are located in the Russian Far East and the Group benefits from growing trade volumes between Russia and Asian countries. FESCO controls the Commercial Port of Vladivostok, which has throughput capacity of 3.9 million tons for general cargo and oil products, 150,000 vehicles and over 600,000 TEUs in containers. FESCO is one of Russia’s top 10 private railcar operators providing services under the Transgarant (100%) and Russkaya Troika (50% JV with Russian Railways) brands. The Group owns a fleet of vessels mostly deployed through own line and logistics operations. In 2012, adjusted revenue of FESCO Group reached USD 1,172 million. End of Corporate News 09.08.2013 Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. EquityStory.RS, LLC’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
225107 09.08.2013 |