PT Express Transindo Utama Tbk to hold AGM and EGM on April

PT Express Transindo Utama Tbk to hold AGM and EGM on 29 April 2013, with intention to alter its IPO proceeds spending allocation

On a press release to the IDX yesterday, Express Transindo Utama (TAXI) stated that the company would conduct AGM on 29 April. On the same date, TAXI would also hold an EGM to discuss two topics: a) the company’s intention in altering its IPO proceeds spending allocation plan, and b) the approval for collateralizing majority or the entire of its assets for obtaining more external debt financing.
(Company)