The District Court of Länsi-Uusimaa resolved to reject the petition of Viking Acquisitions Corp. for the payment of a supplementary share under the restructuring programme
Tecnotree Corporation
Stock Exchange Release
8 March 2019 at 20:10 (EET)
The District Court of Länsi-Uusimaa has resolved to reject the petition of Viking Acquisitions Corp. (“Viking”) for the payment of a supplementary share under the restructuring programme of the company. According to Viking’s petition, the company would have had to pay a supplementary share of 1.95 million euro to its creditors, part of which would have been payable to Viking.
Appeal against the decision is still possible.
TECNOTREE CORPORATION
Further information:
Kirsti Parvi, CFO tel. +358 50 517 4569
DISTRIBUTION
NASDAQ Helsinki
Main Media
About Tecnotree
Tecnotree Corporation (NASDAQ HELSINKI: TEM1V) is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps customers to monetise and transform their business towards a marketplace of digital services. Together with its customers, Tecnotree empowers people to self-serve, engage and take control of their own digital life.