Balda AG / Key word(s): Miscellaneous/Miscellaneous
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Balda AG: Closure of bank agreements on new financial structure in
Bad Oeynhausen – Against its previous plans, the final discussions of Balda
AG with the banks about the realignment of the financial structure does not
take place at the end of August, but will be expected in the course of
September 2008. The banks have extended the standstill agreement with Balda
Reason for the deferment is the aspired involvement of the financing in the
running restructuring process. Beside the sale of non operating assets and
the as discontinued operation qualified subsidiary Balda Medical, it also
contains the financing and reorganisation of the existing Joint Ventures
and foreign investments.
* * *
Company profile Balda AG
The internationally operating Balda Group develops and produces highly
integrated devices comprising plastic, metal and electronic components as
well as touch sensors. Among the customers of the Prime Standard listed
company are international brand-names from the mobile telephony industry,
medical technology and various related markets.
The integration of plastic and touch screen technologies creates completely
new customer benefits. Only Balda currently offers both technologies from
one source on a global scale. The group has a strong position in the
important growth markets China and India and owns four production
facilities in the region. Plants in Brazil and in Malaysia, as well as the
facility in Germany for Balda Medical, underline the global competitiveness
of the group of companies.
If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49
5734 922 2728, Fax: +49 5734 922 2691, Mail: email@example.com, Internet:
29.08.2008 DGAP’s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Company: Balda AG
Bergkirchener Str. 228
32549 Bad Oeynhausen
Phone: +49 (0) 57 34 / 9 22-0
Fax: +49 (0) 57 34 / 9 22-2604
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service