State preparing to enter supervisory board of Motor Sich

KYIV. Nov 29 (Interfax-Ukraine) – The state, which received all the shares of Motor Sich on November 6, is preparing to appoint its representative to the company’s supervisory board.

According to the information on the website of the National Securities and Stock Market Commission, at a meeting on November 25, the regulator decided to appoint a candidate – a representative of the state in the supervisory board of Motor Sich.

At the same time, the text of the decision itself is not available on the website.

As reported, on November 5, the headquarters of the Supreme Commander-in-Chief decided to withdraw the shares of PJSC Ukrnafta, PJSC Ukrtatnafta (with the exception of the share of NJSC Naftogaz Ukrainy), Motor Sich, PrJSC AvtoKrAZ and PJSC Zaporizhtransformator into state ownership as military property during martial law. This was carried out on November 6 after the regulation of the procedure by the National Securities and Stock Market Commission.

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