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GOVT TO SELL SOME SHARES FROM ITS PORTFOLIO VIA ZAGREB STOCK EXCHANGE

ZAGREB STOCK EXCHANGE ZAGREB, Oct 16 (Hina) - Shares of companies in which the Government holds up to 25 percent of the stock, are likely to be sold at the Zagreb Stock Exchange. A Croatian Privatisation Fund (HFP) three-member commission considered two offers - from the Zagreb and from the Varazdin Stock Exchange - and opted for the former proposing this selection to the Fund's college of executive heads. According to the Fund, in the end of this month or in the beginning of November, trading with these shares can become at public auctions by electronic way at the Zagreb Market. The sale of shares from the HFP portfolio and the Croatian Pension Insurance Institute (HZMO) will be carried out in line with lists of firms. The first list contains 75 companies. The total value of the offered part of shares is 88 million kuna, and the capital base of the said firms is 1.9 billion kuna.(One US doll
ZAGREB, Oct 16 (Hina) - Shares of companies in which the Government holds up to 25 percent of the stock, are likely to be sold at the Zagreb Stock Exchange. A Croatian Privatisation Fund (HFP) three-member commission considered two offers - from the Zagreb and from the Varazdin Stock Exchange - and opted for the former proposing this selection to the Fund's college of executive heads. According to the Fund, in the end of this month or in the beginning of November, trading with these shares can become at public auctions by electronic way at the Zagreb Market. The sale of shares from the HFP portfolio and the Croatian Pension Insurance Institute (HZMO) will be carried out in line with lists of firms. The first list contains 75 companies. The total value of the offered part of shares is 88 million kuna, and the capital base of the said firms is 1.9 billion kuna. (One US dollar is approximately 8.6 kuna). (hina) jn ms

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