OREANDA-NEWS. NASDAQ OMX Vilnius decided to apply observation status to AB Klaipedos baldai (KBL1L, ISIN code: LT0000102972).

At the extraordinary general meeting of shareholders of Klaipedos baldai AB held on 2014 January 30th it was decided to delist the Company's shares from the Secondary list of AB NASDAQ OMX Vilnius and not to offer the Issuer's shares publicly. It was also decided to approve UAB SBA furniture group as a person who will launch the takeover bid to purchase the shares of the Company.

The purpose of applying observation status is to alert the market participants.