The Pharol SGPS, formerly PT SGPS, today announced it is convened for September 1 the general meeting of shareholders of Hi telecommunications company to implement the reorganization measures of the Brazilian company.
National Telecommunications Agency (Anatel), Brazilian regulator approved on Thursday the proposed new statutes sent by Hi as a result of the agreements signed between the Brazilian company and Pharol on 31 March.
“Thus, once fulfilled the prerequisite communicated to the market by Pharol last day July 22, 2015, the Hi proceed immediately convene an extraordinary meeting of shareholders for the day September 1, 2015,” said the Pharol in statement filed with the Securities Market Commission (CMVM).
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