They located 58 bodies after a shipwreck In Bangui, authorities report that there are still an unknown number of missing after an overloaded barge capsized on Friday in the Mpoko River in the Central African Republic.
The director of Civil Protection, Thomas Djimasse, confirmed the balance last Saturday, pointing out that the exact number of people who could be underwater is still unknown.
He accident occurred when the boat, which was carrying more than 300 people towards Makolo, capsized shortly after leaving Bangui, located about 45 km from your destination. The barge, significantly overloaded with passengers standing or on the wooden structures, was en route to a funeral in Makolo when the tragedy occurred.
Maurice Kapenya, a witness to the incident, described how the vessel capsized shortly after setting sail. He followed her in a small canoe and was one of the first to rescue the victims of the water, including his own sister.
In a statement issued later, government spokesman Maxime Balalou announced a provisional balance of at least 30 muertos, but the final figure rose to 58 after rescue operations.
The government has expressed its condolences to the affected families and promised a thorough investigation into the incident. In addition, a support system will be implemented for the victims’ families.
At the wreck site, families continued the desperate search for their missing loved ones on Saturday, with the help of hired canoeists. Although the Civil Protection teams were no longer present, the local community came together to find those who have not yet been found. With information from AFP.
I graduated with a degree in Law and Social Sciences from the Universidad Michoacana de San Nicolás de Hidalgo. Since I was little I had the curiosity to work for popular science magazines. I have worked as a photojournalist and co-host on local radio. In 2022 I started working for El Debate, holding the position of Web Reporter, covering the state of Michoacán and international news. I am ready to hear all kinds of stories, you can contact me at my email [email protected]
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They locate 58 bodies after shipwreck, they were going to a funeral
Majority shareholder of Endor AG organizes fresh capital and liquidity for the company
2024-04-25 22:16:33
Landshut (ots) – Majority shareholder of Endor AG organizes fresh capital and liquidity for the company
Cash capital increase of EUR 7.7 million overstated Liquidity of over EUR 17 million is also available First quarter with positive cash flow and profit Endor AG profitable again for 2024 Profit of EUR 20 million EBITDA possible in 2026 Attractive alternative for shareholders
There are signs of a turnaround for the medium-sized Bavarian company Endor AG, which has been in the headlines for months. The company’s founder, majority shareholder and former CEO, Thomas Jackermeier, presented a package on Thursday that will recapitalize the company and provide it with fresh liquidity. In total, these funds amount to almost EUR 25 million and would finance the company until the end of 2026. Jackermeier is thus presenting an attractive alternative to the restructuring according to the Corporate Stabilization and Restructuring Act (StaRUG), which was previously preferred by parts of the board. “The concrete risk of expropriation of all shareholders through the procedure proposed by the board of directors is averted. As in the case of Leoni AG, all small and large shareholders would be expropriated,” says Jackermeier.
In recent weeks, Jackermeier has been working on an offer that would recapitalize the company he founded and protect its shareholders from the devaluation of their shares. There will then be a capital increase of EUR 7.7 million at EUR 1 per share in May; the company has authorized capital of this size. There are also loans and a convertible bond totaling EUR 17 million. As part of this plan, Endor AG’s headquarters will be sold to investors and rented back. Both the capital increase and the injection of liquid funds have been signed bindingly by four existing major shareholders and two new investors. The alternative to restructuring organized by Jackermeier is available to the lending banks, who want to decide on it this Friday. The Jackermeier alternative is not only more advantageous for shareholders than a StaRUG procedure. The banks are also doing better with this.
As already known, the current board has presented the lending banks with an offer from Birkenstein Capital after they would have to forego a significant portion of their loans. The shareholders would lose their shares as a result of the takeover of Endor AG by Birkenstein Capital. “I myself will probably be significantly diluted by this package, but it is now important to save the company. The interest in the capital increase is very high due to the low subscription price, especially since the risk of insolvency is averted with a successful capital increase. We are already oversubscribed and I can “We only recommend that all shareholders exercise the subscription rights or subscribe more in order to qualify for the subscription rights that have not been exercised,” says Jackermeier.
Despite Endor AG’s strong growth, the company’s market value has fallen from EUR 300 million to just under EUR 10 million. “We are still on a growth path and are profitable again. The many one-off effects surrounding the chip crisis are largely history and we are now working through a catalog of measures to significantly strengthen ourselves organizationally so that we can continue to manage growth.”
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For inquiries:
Thomas Knipp, impact communication
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Majority shareholder of Endor AG organizes fresh capital and liquidity for the company