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CRO PRIVATISATION FUND ANNOUNCES AUCTION OF SHARES OF COMPANIES IN WHICH IT HOLDS UP TO 25% OF SHARES

Autor: ;RMLI;
ZAGREB, Jan 11 (Hina) - The Croatian Privatisation Fund (HFP) on Thursday announced the final public auction of regular shares in the companies where the state, i.e. the HFP, owns up to 25 percent of the stock. The auction will be held at the Zagreb Stock Market via computer trade between January 29 and February 16. The HFP list includes 147 companies in which the state owns the minority share of up to 25 percent. The companies' capital stock ranges from 233,600 kuna to DM 39.7 million. As many as 42 companies from the list have the opening price of one kuna, which means that along with the state share the buyers will also purchase the companies' debts, i.e. have to pay them off. Varazdin's Centropromet transport company has the highest opening price and HFP demands at least 1.95 million kuna for its share of 14.61 percent. The shares can be pu
ZAGREB, Jan 11 (Hina) - The Croatian Privatisation Fund (HFP) on Thursday announced the final public auction of regular shares in the companies where the state, i.e. the HFP, owns up to 25 percent of the stock. The auction will be held at the Zagreb Stock Market via computer trade between January 29 and February 16. The HFP list includes 147 companies in which the state owns the minority share of up to 25 percent. The companies' capital stock ranges from 233,600 kuna to DM 39.7 million. As many as 42 companies from the list have the opening price of one kuna, which means that along with the state share the buyers will also purchase the companies' debts, i.e. have to pay them off. Varazdin's Centropromet transport company has the highest opening price and HFP demands at least 1.95 million kuna for its share of 14.61 percent. The shares can be purchased only entirely. The shares can be bought by domestic and foreign legal and physical persons who shall be represented by some of the registered members of the Zagreb Stock Exchange. (hina) rml

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