Shareholders of Creative decided to liquidate the company

Shareholders of the Creative Group decided to liquidate the company at the meeting on September 8, 2017.

This is reported on the company's website.

The corresponding decision was supported by the owners of 99.87% of the company's shares.

The amount of obligations of Creative was 148.4 million UAH. The authorized capital of the company at the end of 2016 amounted to 2.05 million UAH. The net asset value is UAH 125.95 million.

"As of 12.31.2016, the issuer's assets are not enough for paying out its obligations," the report says.

Let us remind, that the tax debt to the state budget of the agricultural holding Creative and its structural subdivision Ellada is almost 950 million UAH.