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EXCELSIOR CAPITAL LTD — Capital/Financing Update 2008
Oct 23, 2008
64816_rns_2008-10-23_cb09f0c7-a95c-41c4-9b36-6b83a7307650.pdf
Capital/Financing Update
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CMI Limited ABN 98 050 542 553 150 Robinson Road Geebung Qld 4034 Australia Postal address: PO Box 716 Virginia Qld 4014 Australia Telephone: (07) 3865 9969 Facsimile: (07) 3865 3677 Email: [email protected] Web: www.cmilimited.com.au
24 October 2008
Announcement to ASX
Class A Share Selective Capital Reduction
With regards to the Meetings of Ordinary & Class A Shareholders (scheduled to be held 7 November 2008) to modify and streamline the capital structure of CMI Limited by way of a selective capital reduction of Class A Shares:
The Board has decided that due to the continued deterioration of and uncertainty remaining in the financial markets, it is prudent not to continue with the selective capital reduction and the company has resolved to cancel the scheduled Meetings of Ordinary & Class A Shareholders.