Proprietatea Fund’s Manager Proposes RON677M Capital Decrease

09.26.2013 By Florentina Dragu

Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Thursday recommended lowering the fund’s share capital by 676.9 million lei (EUR151.6 million) to RON12.86 billion by reducing the face value of the fund’s shares.

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