At the Annual General Meeting of 28.10.1997 where 64.6% of the share capital was present the Mercator shareholders:

1. received the Management Board's information on recall and appointment of the Management Board, and information on current operations;
2. adopted a resolution on annulment of the hitherto Act on Election of the Supervisory Board of Poslovni sistem Mercator d.d. and adoption of the new one;
3. recalled all 8 members of the Supervisory Board elected at the Annual General Meeting on 23.11.1995;
4. elected 7 new members of the new Supervisory Board;
5. fixed the date and hour of the constituent meeting of the new Supervisory Board to which the Management Board should invite all the members of the Supervisory Board.
   

Back