Individual decision · NCFM · 8 Apr 2025 · 19/5
The National Financial Market Commission of Moldova issued Decision No. 19/5 on April 8, 2025, to consolidate and process administrative requests for the removal of securities from the Register of Issuers. The Commission ordered the deletion of ordinary shares from the registers of VINAR-GLIA and BETACON joint stock companies following their liquidation procedures. This decision is based on the legal connection between the two requests and is effective immediately upon adoption.
NATIONAL FINANCIAL MARKET COMMISSION
April 8, 2025No. 19/5
Within the framework of the National Financial Market Commission (CNPF), the request of the liquidator of the Joint Stock Company "VINAR-GLIA" (19.03.2025) and the request of the liquidator of the Joint Stock Company "BETACON" (25.03.2025) regarding the deletion of securities from the Register of Issuers of Securities were registered.
Based on the legal-material reports of the applicants, it is established that the administrative procedures involved are based on the same factual situation, the same legal basis, the same purpose, and are connected, which necessitates, on the basis of Article 44 paragraph (4) and Article 80 paragraph (1) of the Administrative Code, the connection and examination in a single administrative procedure.
Following the examination of the noted requests regarding the deletion of securities from the Register of Issuers of Securities, under the Law No. 1134/1997 on Joint Stock Companies, Article 8 letter m), Article 20 paragraph (1) and Article 22 paragraph (3) of Law No. 192/1998 on the National Financial Market Commission, the Instruction on the stages, deadlines, method and procedures for the registration of securities (CNPF Decision No. 13/10/2018), points 16 – 19 and point 21 of the Regulation on the organization and functioning of the National Financial Market Commission (CNPF Decision No. 57/11/2022),
The administrative procedures initiated at the request of the Joint Stock Company "VINAR-GLIA" and at the request of the Joint Stock Company "BETACON" are connected.
The securities previously issued by the following entities are deleted from the Register of Issuers of Securities as a result of liquidation:
This Decision may be appealed by submitting a preliminary request to the CNPF (MD-2012, Chisinau, Stefan cel Mare si Sfant Blvd., No. 77) within 30 days from the date of notification.
This Decision enters into force on the date of adoption, is communicated to recipients in accordance with the legislation, is published in the Official Monitor of the Republic of Moldova and on the official website of the CNPF (www.cnppf.md).
Dumitru BUDIANSCHI,
PRESIDENT
Stefan cel Mare si Sfant Blvd., No. 77, Chisinau, MD 2012, tel: (373 22) 859 401, www.cnppf.md, e-mail: office@cnppf.md
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The documents this one cites, and the documents that cite it.
“Article 22 paragraph (3) of Law No. 192/1998 on the National Financial Market Commission”
“under the Law No. 1134/1997 on Joint Stock Companies, Article 8 letter m), Article 20 paragraph (1) and Article 22 paragraph (3)”
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