Riga, Latvia, 2019-02-08 21:58 CET (GLOBE NEWSWIRE) —
ABLV Bank, AS in liquidation (hereinafter the Company) has carried out reorganisation of the companies of the group and within the framework of the reorganisation the Companys subsidiary New Hanza Capital, AS has become an owner of 100% of shares of NHC 5, SIA. The Company retains indirect significant participation in the company NHC 5, SIA.
Given the started liquidation of the Company, real estate development and management are not its future priority, thus the real estate companies of the group are being gradually prepared for sale, which is one of the tasks of the Companys liquidators.
NHC 5, SIA now owns two real estate objects in Riga an office building at 23 Elizabetes …
Read the full article at: https://globenewswire.com/news-release/2019/02/08/1716206/0/en/On-Changes-in-the-Group-of-ABLV-Bank-AS-in-Liquidation.html