Value8 petition seeks probe into OCI affairs, asks court to block Orascom Construction tie-up vote

• OCI received a Value8 petition at the Amsterdam Enterprise Chamber seeking an inquiry into the company’s affairs.
• Value8 also seeks interim measures to block a shareholder vote or implementation of the proposed Orascom Construction combination.
• Any court-ordered restrictions could delay or derail the transaction.
• OCI is reviewing the petition with legal advisers, calling it without merit, citing similar claims in ongoing Enterprise Chamber proceedings.

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