{"id":601021,"date":"2019-02-17T04:06:47","date_gmt":"2019-02-17T04:06:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/"},"modified":"2019-02-17T04:06:47","modified_gmt":"2019-02-17T04:06:47","slug":"egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/","title":{"rendered":"Egypt\u2019s FRA rejects Veon appeal against GTH capital increase voting rights"},"content":{"rendered":"

The FRA has rejected an appeal against its decision to suspend Global Telecom Holding\u2019s (GTH) majority shareholder Veon Holding from voting on GTH\u2019s EGP 11.2 bn capital increase<\/a>, according to a statement to the EGX (pdf)<\/a>. The appeal was submitted to the authority by Veon Luxembourg Finance Holdings and Veon Luxembourg \u2014 the Amsterdam-based group\u2019s back offices. EGX-listed GTH is scheduled to hold the general assembly meeting next month<\/a> to put the capital increase motion to a vote. It is also worth noting that Veon has filed for regulatory approval<\/a> to take GTH private.<\/p>\n","protected":false},"excerpt":{"rendered":"

The FRA has rejected an appeal against its decision to suspend Global Telecom Holding\u2019s (GTH) majority shareholder Veon Holding from voting on GTH\u2019s EGP 11.2 bn capital increase, according to a statement to the EGX (pdf). The appeal was submitted to the authority by Veon Luxembourg Finance Holdings and Veon Luxembourg \u2014 the Amsterdam-based group\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[214,72,7087,2390,343],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601021","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-cit","tag-enterpriseam","tag-finance","tag-other-business-news-of-note","tag-regulation","wpautop","entry"],"acf":{"mongo_id":"7676d887-1f27-43f4-93b2-65d8aa070865","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[600989],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s FRA rejects Veon appeal against GTH capital increase voting rights - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s FRA rejects Veon appeal against GTH capital increase voting rights\" \/>\n<meta property=\"og:description\" content=\"The FRA has rejected an appeal against its decision to suspend Global Telecom Holding\u2019s (GTH) majority shareholder Veon Holding from voting on GTH\u2019s EGP 11.2 bn capital increase, according to a statement to the EGX (pdf). The appeal was submitted to the authority by Veon Luxembourg Finance Holdings and Veon Luxembourg \u2014 the Amsterdam-based group\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-17T04:06:47+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s FRA rejects Veon appeal against GTH capital increase voting rights\",\"datePublished\":\"2019-02-17T04:06:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/\"},\"wordCount\":107,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"CIT\",\"EnterpriseAM\",\"Finance\",\"Other Business News of Note\",\"regulation\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/egypts-fra-rejects-veon-appeal-against-gth-capital-increase-voting-rights\/\",\"name\":\"Egypt\u2019s FRA rejects Veon appeal against GTH capital increase voting rights - 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