ZAGREB, Jan 14 (Hina) - As of January 19, Croatian Central +Depository Agency (SDA) will begin operating. + All activities connected to buying and selling shares can be +registered by the agency which will provide services for
ownership +transfer and fees regarding such activities as well.+ The SDA register will include shares of the Croatian leading +pharmaceutical firm "Pliva" and the Varazdinska and Rijecka banks +as of next week.+ By the end of this year, all joint stock companies, shares of which +are being traded at Zagreb and Varazdin stock exchange markets, +should be included in the agency.+ The task of SDA is to ensure greater transparency of data about +joint stock companies for share-holders and investors and to speed +up trade.+(hina) ms+
ZAGREB, Jan 14 (Hina) - As of January 19, Croatian Central
Depository Agency (SDA) will begin operating.
All activities connected to buying and selling shares can be
registered by the agency which will provide services for ownership
transfer and fees regarding such activities as well.
The SDA register will include shares of the Croatian leading
pharmaceutical firm "Pliva" and the Varazdinska and Rijecka banks
as of next week.
By the end of this year, all joint stock companies, shares of which
are being traded at Zagreb and Varazdin stock exchange markets,
should be included in the agency.
The task of SDA is to ensure greater transparency of data about
joint stock companies for share-holders and investors and to speed
up trade.
(hina) ms