I have received news that the sale of 10% of our shares

November 16, 2011

Mather Smith
69 N. Grant Street, Mid Lake City,
California 84301
[Subject: Normally bold, summarizes the intention of the letter] -Optional-

Dear Mather Smith,

I have received news that the sale of 10% of our shares to Korean communications company, PLB, has caused people to think that we will be transferring our main office to South Korean in the near future. Please be advised that such a claim has no basis. Majority of our shareholders are in Europe, which makes it more beneficial to keep our operations in Belgium. Hopefully, this will alleviate any fears of retrenchment, especially within our European teams. Please advise your teams accordingly. Thank you.

Sincerely,

Gafna

Leave a Comment

Previous post:

Next post: