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Article: Orc Software: Report from the Extraordinary General Meeting.
- Article from:
- Business Wire
- Article date:
- January 26, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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STOCKHOLM, Sweden -- Today, January 26, 2006, Orc Software held an extraordinary general meeting so as to authorize the Board of Directors to issue new shares in order to complete the acquisition of Cameron Systems (VIC) Pty Ltd. At the general meeting it was also resolved to dispose of the Japanese subsidiary of Orc Software. E[acute accent]On December 28, 2005 Orc Software entered into an agreement with the shareholders of the Australian companies Cameron Systems (VIC) Pty Ltd and Cameron Fix IP Pty Ltd regarding the transfer of all outstanding shares in these companies to Orc Software. According to the share purchase agreement the consideration for the shares shall ...