Logout
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
Search
My Profile
Login
Lupatech Hires Pactual as Market Maker
Print
Caxias Do Sul, Brazil, 03 July 2006 -- /PRNewswire/ -- Lupatech S.A. (Bovespa: LUPA3) informs the market that the company has hired Pactual Corretora de Titulos e Valores Mobiliarios S.A., a joint-stock company headquartered in the city and state of Sao Paulo, to be the market maker for its common shares ("LUPA3") on the BOVESPA ("Market Maker"), for a 12-month period, automatically extendable for a further indeterminate period, should there be no objection by either party, to promote the liquidity of the aforementioned shares.

The company also announces that it has a free float of 33,341,950 outstanding common shares and further declares that it does not have any agreement regulating the exercise of voting rights or the purchase and sale of its securities with the market maker.

Lupatech S.A. has two lines of businesses.
* The Flow Segment, where it is nationwide leader in the production and trading of industrial valves, mainly for the oil, gas, chemical, pharmaceutical, pulp and paper, and home-building industries through brands, such as "MNA," "Valmicro" and "Mipel."
* The Metal Segment, where it holds an outstanding position in the international market in development and production of parts, complex parts, and sub-assemblies mainly destined to the world's automotive industry through steel injection and precision casting processes, where it is pioneer in Latin America.

It also operates with the casting of high-corrosion-resistant cast-alloy housings for the industrial valve and pump sectors, chiefly for applications in the oil and gas industry.

For more details, visit http://www.lupatech.com.br/ri.

Source: Lupatech S.A.
 

Related Articles:


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: