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Danish biggest pension funds pull o
- Subject: Danish biggest pension funds pull o
- From: nin@xxxxxx
- Date: Thu, 18 Jul 1996 06:50:00
Subject: Danish biggest pension funds pull out from TOTAL stock shares
News from Denmark.
After Carlsberg and Heineken drop their investments from Burma,
European NGOs aim at a new target. It is TOTAL oil company!!!
In one of the Danish newspaper this morning there is a piece of
news that 46 numbers of NGOs will assemble in Brussels on 24 July 96.
A spokesman from Burma Centrum Netherlands, Tom Kramer was
quoted to have stated that the French petrol comp. Total would be the
movement's next target.
Another interesting piece of news is that one of the Danish pension
funds, which might be one of the largest, KP Kommunernes
Pensionsforsikring (Pension Insurance Comp. of Danish Municipalities)
had sold their stock of shares in Total which was 60 mill. kroner -
allegedly after having seen John Pilcard's film on Burma which was shown
on Danish TV Sunday night (This is a second time shown on Danish TV).