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Dragon Ukrainian Properties and Development accepts offer from Dragon Capital
Journal Staff Report

KIEV, July 26 - The independent directors of Dragon Ukrainian Properties and Development Plc (DUPD) Mark Iwashko and Aloysius Wilhelmus Johannes van der Heijden have revised their position and now they believe shareholders should now accept the offer from Dragon Capital Investments Limited (DCI) to purchase shares, Interfax-Ukraine reported.

According to a statement of the independent directors on the London Stock Exchange (LSE), the directors recognize that DCI is now a controlling shareholder (59.31%) and will have significant power and influence over the company.




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