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United Co RUSAL ( (HK:0486) ) just unveiled an update.
United Company RUSAL announced that the Thirteenth Commercial Court of Appeal has affirmed a previous ruling by the Commercial Court of Kaliningrad Region, dismissing a claim by SUAL Partners, ILLC. The dispute was regarding the invalidation of a decision by RUSAL’s Board of Directors to hold an extraordinary general meeting of shareholders. This ruling supports RUSAL’s current governance decisions and may stabilize its corporate governance structure, potentially impacting its stakeholders positively by maintaining continuity and avoiding disruptions.
More about United Co RUSAL
United Company RUSAL is an international public joint-stock company incorporated under the laws of Jersey and continued in the Russian Federation. It operates in the metals industry, focusing primarily on the production and sale of aluminum and related products. The company is listed on the Moscow Exchange and the Hong Kong Stock Exchange, indicating its significant market presence in both Russian and international markets.
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