Closure of Canadian Office
(Thomson Reuters ONE) -
Artumas Group Inc. (OSE:AGI) today announced that it will be closing its
Canadian office in Calgary.
Previous restructuring efforts had seen many corporate responsibilities
successfully moved to Dar es Salaam, Tanzania, and this announcement will begin
the process of transferring the remaining functions to this location.
Also announced was the intention to simultaneously evaluate the value of
changing the domicile of the listed company.
Cameron Barton (President and CEO) stated that "these changes will substantially
reduce our existing cost base and streamline our operation in our region of
focus". He went on to say, that "the process will take several months to
complete but we are confident that the payback on our efforts will be seen
before the end of 2010".
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1388799]
Press Release 2010 02 25: http://hugin.info/136496/R/1388799/347023.pdf
Unternehmensinformation / Kurzprofil:
Datum: 25.02.2010 - 18:48 Uhr
Sprache: Deutsch
News-ID 12941
Anzahl Zeichen: 0
contact information:
Town:
Calgary, Alberta
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 262 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Closure of Canadian Office"
steht unter der journalistisch-redaktionellen Verantwortung von
Artumas Group Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
