The contract between the bank and the technical payment aggregators or electronic payment facilitators should provide for the possibility of suspending or cancelling any of the subsidiary companies
. The bank shall establish the mechanism that enables it to stop any subsidiary immediately.
"The recent cases that reached the public eye completely justify parliament's decision to freeze the funds for CyTA's subsidiary companies
," said Committee Chairman, DIKO's Nicolas Papadopoulos, after the meeting.
"As the assets being realised by the subsidiary companies
continue to include interests in overseas companies which are also subject to insolvency proceedings, it is difficult to predict when that work will be completed.
Caledonia Mining Corporation (TSX: CAL) (OTCBB: CALVF) (AIM: CMCL), a Canada-based company that explores and develops mineral properties for base and precious metals, has entered into formal agreements for the sale of the subsidiary companies
owning the Barbrook and Eersteling mines.
The UAE Ministry of Finance and Industry and Dubai World yesterday signed an official agreement under which the Ministry will provide the E-Dirham service for the collection of fees for services offered by Dubai World and its subsidiary companies
It is the owner of 40 subsidiary companies
that make products for hazard detection and life protection.
The third phase, initiated in 2006, extended the program to employees working at CVRD's 50 affiliated and subsidiary companies
in Brazil and abroad.
PCG is a multi-faceted New York-based real estate merchant/investment banking firm providing capital and financial advisory services to select clients through its subsidiary companies
* NGOS and charities setup subsidiary companies
or units to procure goods and services, such as vehicles or utilities for their projects, which makes the projects more expensive, giving the group more money.
One of Marray & Roberts' subsidiary companies
is RUC Raisedrillers, an internationally recognized raise boring company carrying the largest fleet of raise boring machinery on the planet.
As a means to implement financial restructuring, Amcast Industrial Corp., Dayton, Ohio, and several of its subsidiary companies
filed for Chapter 11 bankruptcy protection in November.
Paul Oosterlaken and Andy Gowing, both professional managers in the food processing industry for many years, are the new owners of Kiremko bv, Montfoort, the Netherlands, and its subsidiary companies