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ECORP LIMITED (ECP)

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delisted at the request of the Company following a selective capital reduction

11/04/2003

we understand that shareholders (apart from the PBL Group, with approximately 76% of the stock) voted in favour of a proposal that allowed for the payment of 55 cents per share to minority shareholders, in return for the cancellation of their shares (the stock made its debut about mid-June 1999 - the issue price was $1.20)

11/04/2003

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