Novavest's Board of Directors is resisting demands from minority shareholder Caceis, representing the MV Immoxtra Switzerland Fund, to replace three board members, citing potential harm to the company's strategic objectives following its recent merger. The fund, holding a 15.24% stake, criticizes the company's share price performance and seeks to install its own candidates at the upcoming extraordinary general meeting. The Board emphasizes the importance of stability during this transitional phase to ensure the successful implementation of merger synergies.
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