SCHMOLZ + BICKENBACH receives notice from Liwet Holding AG to withdraw a request to convene an extraordinary general meeting
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Lucerne, January 3, 2020 – SCHMOLZ + BICKENBACH, a global leader in special long steel, informs that its major shareholder Liwet Holding AG ("Liwet") has withdrawn a request to convene an extraordinary general meeting to replace the Board of Directors.
In the course of the then planned capital increase, Liwet requested on October 29, 2019 to convene an extraordinary general meeting. Following the compromise reached between the major shareholders BigPoint Holding AG and Liwet at the extraordinary general meeting on December 2, 2019, Liwet has now informed the board of directors that it will waive its request to convene an extraordinary general meeting.
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