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. Last Updated: 07/27/2016

Svyaz Meeting Put Off

MOSCOW -- An extraordinary meeting of shareholders in the Russian telecoms holding company Svyazinvest, at which representatives of Cyprus-based Mustcom Ltd. were to be put on the company's board of directors, has been moved back from Dec. 23 to January. Mustcom won a 25 percent-plus-one-share stake in the holding at an auction during the summer.

The shareholder meeting is now expected to take place between Jan. 12 and Jan.19, Stanislav Panchenko, Svyazinvest's deputy general director, said. He said the meeting has been postponed due to "the need to resolve some issues, including the need to tighten government regulation of the activities of major financial holdings."