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The court took a break in the consideration of the case of the arrest of shares of the bank "East" - EastRussia | Far East

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The court took a break in the consideration of the case of the arrest of shares of the bank "Vostochny"

The Arbitration Court of the Amur Region announced a break until April 1 in the consideration of the claim of Artem Avetisyan’s Finvizh Holdings company for the arrest of more than 80 billion shares of Vostochny Bank. This is 9,99% of the total number of securities.

As follows from case materialsresident of a special administrative region on the island of Russian filed a petition within his lawsuit against Cyprus Evision Holdings Ltd for the execution of a call option on 10% of Vostochny Bank shares. The plaintiff also requests to ban Vostochny Bank to make any decisions related to the placement of new shares.

Vostochny Bank joined Artem Avetisyan to Uniastrum Bank in 2017. After the merger, Baring Vostok through Evison Holdings became the owner of 51,6% of Vostochny Bank shares, and Finvizh Holdings received 32%.