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BRF SA calls board meeting to discuss shareholders' demand to dismiss board

Brazil-based food company BRF SA said Feb. 26 that its board chairman called an extraordinary meeting of the board of directors March 5. The move is in response to a letter from Petros and Previ, the company's shareholders, which demanded the board to call extraordinary general meeting to discuss dismissal of the company's entire board and approval of a 10-member board.

The shareholders also want election of the chairman and vice chairman of the board of directors.

BRF said it will inform its shareholders and the market of new information regarding the matter.