It is reported that Sinarsky Pipe Plant BOD decided to conduct the annual meeting June 16.

The holders are to approve the dividends non-payment. The 2009 dividends were unpaid as well. Besides, they should affirm Ernst & Young as an auditor, annual report and several interest bearing deals.

The Plant is included into Pipe Metallurgic Company. It is a maker of the wide spectrum of the pipes for the oil production sector, metallurgic, engineering and energetic companies.

(Sourced from AK&M)