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Tutunska banka.

* Tutunska banka said it would begin selling the stake of the Slovenian investment fund Poteza in Skopje's heating utility Toplifikacija. The stake value jumped by 9.62 percent Wednesday Wednesday: see week.  to 2,256 denars per share. Stock market experts say the price of Toplifikacija's share will continue rising considering its value is still far from the price at which the Slovenian bank will be selling shares at the public auction set for 12 June. Tutunska banka is going to offer for sale a package of 84,000 shares, or 16.44 percent of Toplifikacija's assets, at a starting price starting price n (COMM) → precio inicial

starting price nprix initial

starting price start n (at auction
 of 3,079 denars per share. Tutunska banka expects a minimum of 3.7 million euros from the sale of the shares. Experts say it will not be a surprise if the whole amount is much bigger because of the great interest of investors. The stake is being sold because of Poteza's bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most .
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Title Annotation:Fokus
Publication:Macedonian Press Digest
Date:May 31, 2012
Words:151
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