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Yahoo
13 hours ago
- Business
- Yahoo
Resolutions of the Annual General Meeting of Shareholders from 20 June 2025
The annual general meeting of shareholders of AS Trigon Property Development (registry code: 10106774; hereinafter the 'Company') was held on 20 June 2025 in Tallinn, Pärnu mnt 18. The annual general meeting started at 10:00. 2,570,164 votes represented by the shares of the Company, i.e. 57,127% of all the votes represented by the shares of the Company, participated at the meeting. Therefore, the annual general meeting was competent to pass resolutions regarding the items on the agenda. Resolutions of the annual general meeting: 1. Approval of the annual report of the Company for the financial year 2024 To approve the annual report of the Company for the financial year 2024, in accordance with which the balance sheet value of the Company as at 31 December 2024 was 1,873,680 euros and the net profit for the financial year was 167,409 euros. In favour 2,569,152 votes i.e. 99.96% of all votes in the meeting and against 1,012 votes i.e. 0,04% of all votes in the meeting. Thus the resolution was adopted. 2. Allocation of the net profit for the financial year 2024 To approve the net profit allocation proposal made by the Management Board and to carry the net profit for 2024 in the amount of 167,409 euros to accumulated profit. In favour 2,569,152 votes i.e. 99.96% of all votes in the meeting and against 1,012 votes i.e. 0,04% of all votes in the meeting. Thus the resolution was adopted. 3. Appointment of the auditor for the financial year 2025 and determining the remuneration policy for the auditor To appoint AS PricewaterhouseCoopers (registry code 10142876, address Pärnu mnt 15, 10141 Tallinn) as the auditor of the Company for the financial year 2025. The auditing services will be paid for in accordance with the contract to be drawn up with the auditor. In favour 2,569,152 votes i.e. 99.96% of all votes in the meeting and against 1,012 votes i.e. 0,04% of all votes in the meeting. Thus the resolution was adopted. 4. Remuneration of the Supervisory Board member To pay the Supervisory Board member Aivar Kempi an one-off payment in the amount of EUR 2,400 and starting from 21.06.2025 a monthly fee of EUR 200. In favour 2,569,152 votes i.e. 99.96% of all votes in the meeting and against 1,012 votes i.e. 0,04% of all votes in the meeting. Thus the resolution was adopted. The minutes of the general meeting of shareholders are available on Company's web-page, at TomingasMember of the Management Board+372 66 79 200info@


Morocco World
13-06-2025
- Business
- Morocco World
Maroc Telecom's Strategic Pivot: Mohamed Benchaaboun Takes the Helm in a New Digital Era
Rabat — Morocco's central telecom giant is at a turning point, ever since Mohamed Benchaaboun was appointed as Chairman of the Management Board of Maroc Telecom on March 1, 2025. This move transcended a mere change in leadership. It represents a monumental shift for one of Africa's largest telecom operators, amid mounting competitive pressure, regulatory scrutiny, and the pressing need for digital modernization. Benchaaboun stepped in at a moment when Maroc Telecom was undergoing a deep transformation, one that extends far beyond Morocco's borders. With the 2030 FIFA World Cup approaching, co-hosted by Morocco, Spain, and Portugal, the pressure to scale infrastructure, improve connectivity, and fast-track 5G deployment is no longer abstract. It's national, regional, and urgent. A technocrat with a global compass Benchaaboun is no stranger to complexity. With a background that traverses telecommunications, banking, and economic policy, he brings an unusually broad toolkit to the telecoms sector. A graduate of the prestigious École Nationale Supérieure des Télécommunications in Paris, Benchaaboun began his career at Alcatel-Alsthom before moving into public service. He started first as Director of Customs and Indirect Tax Administration, then as head of Morocco's telecom regulator, ANRT, from 2003 to 2008. He later helmed Banque Centrale Populaire during a decade of regional expansion, served as Minister of Economy and Finance from 2018 to 2021, and held diplomatic office as Morocco's Ambassador to France. His most recent role, managing the Mohammed VI Investment Fund, cemented his place as one of Morocco's key figures in strategic economic planning. At Maroc Telecom, this seasoned technocrat brings a balance of regulatory acumen, fiscal discipline, and geopolitical awareness, traits increasingly essential for a sector at the crossroads of global digital transition and national development imperatives. Reckoning, realignment Maroc Telecom's new chapter began under pressure. In 2024, the company was fined MAD 6.3 billion ($640 million) for anti-competitive practices, a sum exceeding its annual net profit. The ruling prompted a reckoning inside the company, with internal audits, executive reshuffles, and the drafting of new governance structures aligned with international standards. A shareholder vote scheduled for June 2025 is expected to ratify sweeping changes in transparency, oversight, and performance culture. Benchaaboun's leadership is seen as instrumental in navigating this shift. Known for his discretion and long-term vision, he is tasked not only with repairing reputational damage but with repositioning Maroc Telecom for the digital age. From rivalry to strategic alliance One of the most significant moves under his watch came swiftly. In March 2025, Maroc Telecom signed a historic cooperation deal with its longtime competitor, Inwi. Just months earlier, the two had been locked in litigation. Now, they are collaborators, sharing infrastructure, coordinating on 5G rollout, and aligning on innovation priorities. This unexpected alliance signals a broader shift toward market maturity in Morocco's telecoms sector. For consumers and enterprises, the potential gains are substantial: better connectivity, faster deployment of next-generation networks, and reduced redundancy in national infrastructure spending. April brought another strategic leap: a new partnership with Vodafone Business aimed at strengthening cloud services, cybersecurity, and enterprise solutions across Morocco and the broader region. These moves, backed by Benchaaboun's diplomatic finesse and institutional credibility, form part of Maroc Telecom's larger ambition to play a regional leadership role in Africa's digital transformation. The World Cup test, the 5G race The countdown to the 2030 FIFA World Cup looms large over every telecom executive in Morocco. For Benchaaboun, it's both a deadline and a litmus test. Hosting one of the world's largest sporting events requires seamless digital infrastructure, robust mobile connectivity, and secure data environments — especially as spectators, broadcasters, and governments increasingly rely on real-time digital services. This means that 5G is not just a buzzword; it is a national priority. Yet, despite pilot programs and early commercial offerings, widespread 5G deployment remains uneven across Morocco. The challenge is not just technological, but economic and political: it requires managing spectrum allocation, negotiating vendor relationships, safeguarding against cyber risks, and ensuring equitable access. Morocco seeks to extend 5G coverage to 25% of its population by the end of 2025, with a target of reaching 70% by 2030, according to the ANRT. The rollout will prioritize major cities and strategic economic areas, including industrial zones, technology parks, and innovation hubs. Universities, research institutions, and high-tech sectors such as automotive and aeronautics are expected to be early beneficiaries of the new network. This large-scale initiative comes as part of a landmark collaboration between Maroc Telecom and Inwi, which in March established two joint ventures to support the effort. FiberCo plans to deploy one million fiber optic connections within two years and expand to three million within five. TowerCo, the second venture, is set to build 2,000 telecom towers by 2028 and 6,000 by 2033. The overall investment, projected at MAD 4.4 billion ($440 million), seeks to enhance efficiency and accelerate nationwide access through shared infrastructure. Meanwhile, Orange Morocco is pursuing a parallel approach, weighing a combination of independent development and selective partnerships. Benchaaboun's deep knowledge of public finance and regulatory systems may prove decisive here. His role in deploying cloud-based public services and digital ID systems during his time as finance minister underscores his understanding of how telecom infrastructure can be leveraged for broader socioeconomic development. Balancing legacy, innovation Maroc Telecom remains a legacy institution, with operations in 11 African countries and deep roots in Morocco's state-led development model. But, in an era defined by startups, cloud-native platforms, and AI-powered services, the pressure to modernize is accelerating. With private capital increasingly demanding performance and regulators tightening controls, the margin for error is shrinking. Benchaaboun is expected to strike a balance between legacy stewardship and forward-looking innovation. His ability to navigate both boardroom politics and international capital markets positions him uniquely to lead the telecom giant into its next phase. The stakes are high. From rebuilding trust after regulatory fines, to transforming Morocco into a 5G-enabled World Cup host, to expanding Maroc Telecom's footprint across Africa's emerging digital economies, the challenges are vast and interconnected. Yet, amid these stakes also comes a vast horizon of opportunity. With Mohamed Benchaaboun at the helm, Maroc Telecom is betting on technocratic leadership to deliver strategic realignment — not just for shareholder value, but for the future of Morocco's digital infrastructure and its place on the global stage. Tags: FIFA World Cup 2030Maroc TelecomMohamed BenchaabounMorocco 5g
Yahoo
10-06-2025
- Business
- Yahoo
Adoption of Resolutions of the General Meeting of as Silvano Fashion Group Without Notice of the Meeting
The Management Board of AS Silvano Fashion Group, registry code 10175491, address Tulika 17, 10613, Tallinn, proposes to the shareholders to adopt resolutions of the shareholders without convening a meeting pursuant to § 2991 of the Commercial Code. All questions from shareholders regarding the proposed resolutions may be sent in advance to the e-mail address info@ until 18 June 2025 and the answers to all relevant questions will be published on the website of AS Silvano Fashion Group, The list of shareholders entitled to vote on the resolutions of the shareholders will be fixed on June 26, 2025, at the end of the business day of the NASDAQ CSD settlement system. Resolutions of the shareholders can be voted on from June 11 to July 02, 2025 (inclusive). If a shareholder does not cast his or her votes, he or she shall be deemed to have voted against the resolutions. A shareholder has two options to cast his vote: 1. By sending a digitally signed or paper-signed and scanned ballot paper filled in by the voting shareholder or his / her authorized representative to the e-mail address info@ during the voting period. 2. By submitting or sending a completed ballot paper, which has been signed manually by the voting shareholder or his or her authorized representative, to the head office of AS Silvano Fashion Group at Tulika 17, 10613 Tallinn from 9:00-12:00AM on working days, so that it arrives no later than July 02, 2025 12:00AM. When sending paper-signed and scanned ballot papers by e-mail or when sending paper-signed ballot papers by post, a copy of the personal data page of the shareholder's or his / her representative's identity document (eg passport or ID card) must be sent together with the ballot paper. The shareholder's representative must also submit a valid power of attorney for written reproduction in Estonian or English. A shareholder may use a power of attorney form, which is available on the website of AS Silvano Fashion Group If the shareholder is a legal entity registered abroad, please send a copy of the extract from the relevant foreign commercial register showing the right of the representative to represent the shareholder (legal right of representation). The statement must be in English or translated into Estonian by a sworn translator or an official translator equivalent to a sworn translator. The proposals for decisions of the Management Board, which have been approved by the Supervisory Board, are as follows: 1. Approval of the annual report of AS Silvano Fashion Group for 2024 1.1. To approve the annual report of AS Silvano Fashion Group for 2024. 2. Distribution of the profit of AS Silvano Fashion Group in 2024 2.1. To approve AS Silvano Fashion Group the net profit for the financial year 2024 of 12 366 000.- euros. 2.2. Not to separate AS Silvano Fashion Group funds from the net profit of the financial year 2024 to the reserve capital of AS Silvano Fashion Group or other reserves prescribed by law or the articles of association. 2.3. Leave the net profit undistributed and include the net profit of the financial year 2024 in the retained earnings. 3. Extension of the Supervisory Board's authorizations 3. To extend the term of office as members of the Supervisory Board for five (5) years until June 30, 2030 for Toomas Tool, Mari Tool, Triin Nellis, Risto Mägi, Stephan David Balkin. The annual report of AS Silvano Fashion Group for 2024, the report of the independent auditor, and the ballot papers are available to the shareholders on the website of AS Silvano Fashion Group and the website of the Estonian branch of NASDAQ CSD SE as of the date of publication of this announcement. Questions about the items on the agenda can be sent by e-mail to info@ or by post to the company's address. The resolutions adopted by the shareholders will be published as a stock exchange announcement and on the website of AS Silvano Fashion Group no later than 3 July 2025 by § 2991 (6) of the Commercial Code. AS Silvano Fashion Group Email: info@ Tel: +372 684 5000; Fax: +372 684 5300 Address: Tulika 17, 10613 Tallinn Attachments Voting ballot Power of Attorney
Yahoo
30-05-2025
- Business
- Yahoo
Notice of calling the annual general meeting of shareholders of AS Trigon Property Development
AS Trigon Property Development (registry code 10106774, address Pärnu mnt 18, Tallinn 10141, hereinafter the 'Company') calls the annual general meeting of Company's shareholders, which shall be held at 10:00 on 20 June 2025 (here and hereafter Estonian time, GMT+3) at the Company's office, at Pärnu mnt 18, Tallinn, 10141, IV floor. Registration for the meeting starts at 09:00 on the date of the meeting. Agenda of the meeting and the Management Board proposals for the draft resolutions to be adopted, which have been approved by the Supervisory Board: 1. Approval of the annual report of the Company for the financial year 2024 To approve the annual report of the Company for the financial year 2024, in accordance with which the balance sheet value of the Company as at 31 December 2024 was 1,873,680 euros and the net profit for the financial year was 167,409 euros. 2. Allocation of the net profit for the financial year 2024 To approve the net profit allocation proposal made by the Management Board and to carry the net profit for 2024 in the amount of 167,409 euros to accumulated profit. 3. Appointment of the auditor for the financial year 2025 and determining the remuneration policy for the auditor To appoint AS PricewaterhouseCoopers (registry code 10142876, address Pärnu mnt 15, 10141 Tallinn) as the auditor of the Company for the financial year 2025. The auditing services will be paid for in accordance with the contract to be drawn up with the auditor. 4. Remuneration of the Supervisory Board member To pay Supervisory Board member Aivar Kempi one-off payment in the amount of EUR 2,400 and starting from 21.06.2025 a monthly fee of EUR 200. Organisational matters Participation at the meeting The list of shareholders entitled to participate in the general meeting will be determined as of 7 days prior to the general meeting, i.e. at the end of the working day of the Nasdaq CSD Estonian settlement system on 13 June 2025. Registration of participants will start an hour before the beginning of the meeting, i.e. at 09:00. We ask the shareholders and their representatives to arrive in good time, taking into account the time required to register the participants. For participating in the general meeting, we kindly ask you to present: Individual shareholders should submit an identity document, their representatives should also hold a valid written authorisation; legal representatives of corporate shareholders should submit their identity document; the authorised representative should also hold a valid written authorisation document. In case the corporate shareholder is not registered in the Estonian Commercial Register, we ask to provide a valid extract from the relevant register where the legal person is registered and from which the representative's right to represent the shareholder arises. The extract must be in English or translated into Estonian or English by a sworn translator or an official equivalent to sworn translator. The documents of a foreign shareholder must be legalised or authenticated by apostille, unless otherwise provided by an international agreement. The Company may also deem the shareholder's voting right to be proven, if all the required information on the legal person and the representative concerned are given in a notarised power of attorney, issued to the representative in a foreign country, and the power of attorney is recognised in Estonia. The shareholder may notify the Company of the appointment of a representative and the revocation of the proxy by sending the documents to Company's e-mail address info@ or take the above documents to the Company's office at Pärnu mnt 18, Tallinn, 10141, IV floor, weekdays between 9:00 am – 5:00 pm by no later than 19 June 2025 at 17:00 (Estonian time). In order to authorise a representative, the shareholder may use the template for power of attorney, which is published on the Company's homepage and attached to the notice of adoption of resolutions on Nasdaq Baltic stock exchange homepage ( Templates for revocation of the proxy are also available at the same place. Shareholders, whose shares represent at least 1/20 of the share capital of the Company, may demand the inclusion of additional items on the agenda of the annual general meeting, if the corresponding request is filed in writing at least 15 days prior to the general meeting, i.e. at the latest by 23:59 on 5 June 2025, at the e-mail address info@ or to the Company's office at Pärnu mnt 18, Tallinn, 10141, IV floor. A draft decision or rationale must be submitted at the same time as the proposal to supplement the agenda. Shareholders, whose shares represent at least 1/20 of the share capital of the Company, may submit to the Company in writing a draft resolution on each agenda item, by posting the draft to the e-mail address info@ or to the Company's office at Pärnu mnt 18, Tallinn, 10141, IV floor. The draft must be submitted in electronic form or by post so that it would be delivered to and received by the Company no later than 3 days before the general meeting, i.e. by 23:59 on 17 June 2025 at the latest. At the general meeting, shareholders are entitled to receive information on the activities of the company from the Management Board. Management Board may refuse to provide information if there are reasonable grounds for assuming that it may cause significant damage to the interests of the company. In case the board refuses to provide information, the shareholder may require the general meeting to decide on the lawfulness of the request or to submit within two weeks an application to the court in petition proceedings, to oblige the Management Board to disclose information. Documents related to the resolutions Documents, concerning the general meeting, draft decisions of the general meeting and other documents submitted to the general meeting pursuant to law (including the Annual Report of the Company for the financial year 2024, together with the auditor's report and the proposal for distribution of profit), as well as other information subject to disclosure, are available for examination as attached to the stock exchange announcement about the notice of adoption of resolutions published on Nasdaq Baltic stock exchange homepage on the Company´s website as well as on prior notice beginning from the notification of the general meeting until the day of the general meeting at Company's office at Pärnu mnt 18, Tallinn, 10141, IV floor on working days from 9:00 am untill 5:00 pm. Please contact us in advance at info@ to request access to the documents. Information on shares and total number of votes, linked to the shares As of 30th of May 2025, the share capital of AS Trigon Property Development is divided into 4,499,061 shares with no nominal value. Each share grants its holder one vote. Rando Tomingas Member of the Management Board Telephone: +372 667 9200 E-mail: info@ Attachments TPD Annual report 2024 ENG Draft resolutions of AS Trigon Property Development Draft Power of Attorney Draft notice for withdrawal of the power of attorneySign in to access your portfolio
Yahoo
23-05-2025
- Business
- Yahoo
Notice of calling the annual general meeting of Enefit Green AS
The Management Board of Enefit Green AS (hereinafter the Company) (registry code 11184032, located at Lelle 22, 11318 Tallinn, Harju county, Estonia) calls the annual general meeting of the shareholders of the Company on 26 June 2025 at 16.00 (EEST) at Enefit Green's head office (Lelle 22, Tallinn). The meeting will be held in Estonian. The list of shareholders entitled to participate at the general meeting will be established 7 (seven) days before the general meeting, i.e. on 19 June 2025, as at the end of the business day of the settlement system of Nasdaq CSD (Estonia). Registration of meeting participants begins at the place of the meeting on the day of the meeting ie. 26 June 2025 at 15.20 and ends at 15.50. We kindly ask all shareholders and their representatives to arrive as early as possible, taking into account the time required for registration of participants. At the registration for the general meeting, we kindly ask shareholders to submit the following documents: shareholders who are natural persons are required to submit their identity document; representatives must also submit a valid written authorisation document in Estonian or English; legal representatives of shareholders who are legal persons are required to submit their identity document; authorised representatives must also submit a valid written authorisation document in Estonian or English. If the legal person has not been registered in the Estonian Commercial Register, we kindly request submission of a valid extract from the register in which the legal person has been registered and under which the representative is authorised to represent the shareholder (legal right of representation). The extract must be prepared in English or translated into English or Estonian by a sworn translator or official equivalent to a sworn translator, be verified by a notary, and be legalized or bear an apostille. If the authorisation of the legal representative of a shareholder who is a legal person of a foreign state is not evident from the extract of the Estonian Commercial Register, the Company may register the shareholder who is a legal person of a foreign state as a participant in the AGM also in case all required information is contained in another document assessed as suitable by the Company. Please present your passport or ID card as an identity document. Before the annual general meeting, we kindly ask the shareholder to notify of the appointment of a representative of the Company or the withdrawal of the authorisation granted to the representative by sending a corresponding digitally signed power of attorney or a .pdf copy of the original power of attorney (the original power of attorney must be submitted at the meeting) to the e-mail address investor@ or by delivering the original power of attorney in person on working days between 9.00 and 16.00 (EEST) to the address Lelle 22, 11318 Tallinn, no later than 25 June 2025 at 12.00 (EEST). A shareholder may use the proxy form available on the Company's website at According to the resolution of the Supervisory Board of the Company dated 23 May 2025, the agenda of the annual general meeting and the proposals of the Supervisory Board to the shareholders on the agenda items are as follows: 1. Approval of the Annual Report 2024 Draft resolution: 1.1 Approve the 2024 annual report of Enefit Green AS as presented to the general meeting.1.2 Approve the 2024 remuneration report of the Management Board of Enefit Green AS as an annex to the annual report as presented to the general meeting. 2. Distribution of profit The consolidated retained earnings of the Enefit Green AS as at 31 December 2024 were 236,502 thousand euros, including net profit for 2024 of 70,268 thousand euros. Draft resolution:2.1 Distribute the net profit of Enefit Green AS for the financial year 2024 in the amount of 70,268 thousand euros as follows:2.1.1 Transfer 3,513 thousand euros to the mandatory reserve capital. 2.1.2 Transfer 66,755 thousand euros to the retained earnings of previous periods. 3. Takeover of shares belonging to minority shareholders for monetary compensation Draft resolution: 3.1 To approve and carry out the takeover by Eesti Energia AS (registry code 10421629, address Lelle tänav 22, 11318 Tallinn) of the shares of Enefit Green AS belonging to the remaining shareholders of Enefit Green AS (hereinafter the "Minority Shareholders") pursuant to § 3631 and § 3637 of the Commercial Code on the following terms and conditions: 3.1.1 The remuneration to be paid to the minority shareholders is EUR 3.40 per share taken over; 3.1.2 The transfer of the Shares to be taken over from the Minority Shareholders to Eesti Energia AS and the transfer of the compensation to the Minority Shareholders will be arranged by the Registrar of Estonian Securities ("EVR") on the basis of an application by the Management Board of Enefit Green AS. The Management Board shall submit this application to EVR one month after the adoption of this resolution. The compensation shall be paid to the Minority Shareholders simultaneously with the transfer of the shares to Eesti Energia AS. 4. Termination of the listing of the Company's shares on the Nasdaq Tallinn Stock Exchange Draft resolution: 4.1 To terminate the listing of the Company's shares on the stock exchange of Nasdaq Tallinn AS and to submit a respective application to the Listing and Supervision Committee of the Stock Exchange. The materials of the general meeting (incl. the 2022 – 2024 annual reports, the report of the authorised auditor, the report of the Supervisory Board, the takeover report and auditor´s report), the draft resolutions and other documents submitted to the general meeting in accordance with the law can be viewed on the website of the Company information required by §-s 2941 of the Commercial Code is published on the website of the Company A shareholder can ask questions about the topics on the agenda by sending the relevant questions to the e-mail address investor@ A shareholder has the right to receive information from the Management Board about the activities of the Company at the general meeting. The Management Board may refuse to provide information if there is reason to believe that this may adversely affect the interests of the Company. If the Management Board of the Company refuses to provide information, a shareholder may require the General Meeting to decide on the lawfulness of the request or submit, within two weeks from the date of the general meeting, an application to the court in petition proceedings, to oblige the Management Board to disclose information. Shareholders, whose shares represent at least 1/20 of the share capital of the Company, may demand the inclusion of additional items to the agenda of the general meeting, if the corresponding request together with the draft resolution and justification has been submitted no later than 15 days before the general meeting, i.e. no later than 11 June 2025 to the e-mail address investor@ or to the address: Enefit Green AS, Lelle 22, 11318 Tallinn, Estonia. Shareholders, whose shares represent at least 1/20 of the share capital of the Company, may submit to the Company a draft resolution on each agenda item, by posting the draft to the e-mail address investor@ or to the Company's location at Lelle 22, 11318 Tallinn, Estonia. The draft must be submitted in electronic form or by post so that it would be delivered to and received by the Company no later than 3 days before the general meeting, i.e. by 23 June 2025 at the latest. If voting prior to the General Meeting, shareholders are requested to fill in the ballot papers available on the website of Company When voting by e-mail, the completed ballot papers must be digitally signed and sent by e-mail to investor@ no later than by 16 June 2025 at 12:00 a.m. When voting by mail, the completed ballot papers must be signed by hand and sent with a copy of the personal data of the signatory's identity document by mail no later than by 16 June 2025 at 12:00 a.m. to the address: Enefit Green AS, Lelle 22, 11318 Tallinn, papers received after the above deadline shall not be considered. If a shareholder submits several completed ballot papers, the ballot paper with the latest digital signature time stamp or time of mailing shall be deemed valid. All previously submitted ballot papers shall be deemed the shareholder who submitted a ballot paper before the General Meeting also physically participates in the General Meeting, all ballot papers sent by the shareholder before the General Meeting shall be deemed invalid. As the agenda of the annual general meeting includes a decision which is the basis for the change in the composition of the supervisory board the minutes of the general meeting must be notarized, therefore a notary shall also participate in the annual general information:Sven KunsingHead of Finance Communicationsinvestor@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data