RB-34-2005 Company\'s Registration in Lithuania
The Management of ComArch SA passed a resolution today concerning the registration that took place on 7 October 2005 of a limited liability company - UAB 'ComArch' with headquarters in Vilnius, Lithuania as a wholly-owned ComArch SA subsidiary.
The company's share capital was covered in cash in the amount of 70,000 LTL (1 LTL is valued at approximately 1.12 PLN). The share capital is divided into 700 shares, valued at 100 LTL each. The total number of share votes is 700. The company will provide sale and support of IT systems to customers.