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THIRD ROUND OF COUPON PRIVATISATION BEGINS MONDAY

( Editorial: --> 1425 ) ZAGREB, Sept 18 (Hina) - The third and final round of coupon privatisation in Croatia will be held between September 21 and 25. Individual coupon holders and private investment funds will compete in the third round for shares in 287 companies with a nominal value of a little less than two billion German marks. As the demand for six companies was lower than the limit allowed in the second round, these companies will be released in the final round. The demand for 281 companies was above the highest allowed limit and as such shares in these companies will be available in the third round at a higher price. In the second round private investment funds showed the most interest for shares in Elke, Podravka, Kras, Jadranski naftovod, Dalmacija cement and the Koromacno cement factory. All individual coupon holders who did not transfer their coupons to private investment funds by September 10, must invest their coupons by September 25 or they will be rendered worthless. (Hina) sp jn /mbr 181744 MET sep 98

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