Skip to main content

Media Release | MCH Group | Decision of the parliament of the Canton of Basel-Stadt

Written by Customer Service on . Posted in Public Companies.

Basel-Stadt supports the plans for a capital increase for MCH Group Ltd.The parliament of the Canton of Basel-Stadt has approved the proposals put forward by the cantonal government and the Economic and Fiscal Affairs Committee (WAK) regarding a potential capital increase for MCH Group Ltd. The Canton of Basel-Stadt will waive the exercise of its subscription right, and the government is authorised to convert a loan of CHF 30 million into share capital.
The Canton of Basel-Stadt is thus making it possible for a new investor to acquire a significant minority holding in the event of a capital increase. At the same time, the Canton is ensuring that the public sector maintains a stake of more than 33.3%, enabling it to prevent changes to the Statutes.The waiver of its subscription right and the conversion of its loan by the Canton of Basel-Stadt constitute key cornerstones of MCH Group Ltd.’s intended transaction. If the negotiations with potential investors can be brought to a successful conclusion, the capital increase and the associated structural changes will be submitted to the shareholders of MCH Group Ltd. at an Extraordinary General Meeting. The outcome of the negotiations still remains open at present.Media Releases Online
Media contact:
MCH Group AG / Corporate Communications
Christian Jecker
+41 58 206 22 52
christian.jecker@mch-group.com
www.mch-group.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.