Orascom Development Holding (AG) will hold a general meeting on May 12, 3:00 p.m. Swiss timing, at Theater uri schutzengasse 11 – 6460 altdorf Switzerland.

Shareholders will review the consolidated and non-consolidated financial results and the annual business report for FY13.

The company reported CHF 167.4 million net losses for FY13, compared with CHF101.4 million a year earlier, an increase of 65%.

Meanwhile, the standalone financial results showed that the net losses widened 2752% y/y from CHF 1.03 million to CHF 29.38 million.