Press release BoxID: 263301 (Adval Tech Gruppe)
  • Adval Tech Gruppe
  • Freiburgstr. 556
  • 3172 Niederwangen
  • Contact person
  • Jean-Claude Philipona
  • +41 (31) 98082-75

Waiving of dividend payments approved

Annual general meeting of Adval Tech Holding Ltd

(PresseBox) (Niederwangen, ) At their annual general meeting on May 14, the shareholders of Adval Tech Holding Ltd approved the waiving of dividend payments and all other motions proposed by the Board. The Members of the Board Walter Grüebler (President) and Hans Dreier have each been elected for a further term of three years. Josef Reissner, Member of the Board since 1997, did not stand for another term. The terms of the other Members of the Board - Michael Pieper (Vice President), Leonardo Attanasio, Willy Michel and Roland Waibel - will not expire before the annual general meetings in 2010 or 2011.

Adval Tech Gruppe

Adding value through innovation - that's what the name Adval Tech stands for. As global technology and process partner Adval Tech focuses on the complementary technologies of metal stamping and forming and plastic injection molding. In selected markets in the automotive, medical technology and consumer goods sectors, Adval Tech is a leading global supplier of tools, special machinery, subassemblies, systems and volume components. As value-adding partner Adval Tech covers the entire value chain: from product design and the development of volume components through design and production of the necessary molds and dies to complete manufacturing systems and the resulting production of components. Adval Tech trades on the markets under the names of Styner+Bienz, QSCH, AWM, FOBOHA, Teuscher and Omni.