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FP shareholders approve reduction of the administrator's mandate from 4 down to 2 years

The shareholders of the Romanian property restitution fund Fondul Proprietatea (FP) on Friday, November 22, approved the reduction of the mandate of the administrator from four down to two years and also the extension in principle of the mandate of Franklin Templeton as sole administrator and fund manager, according to the representatives of the Frankling Templeton company, which manages the Fund.The current mandate of Frankling ...

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