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Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

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Tuesday, July 1, 2008

Komercijalna Bank sets public offering target price.





Komercijalna Bank sets public offering target price. Komercijalna Bank has set a share price target of MKD 6,515 (EUR 105.8) for the planned capital hike by MKD 3,068bn (EUR 49.8mn). The bank, part of the MBI-10 blue chip index of the Macedonian Stock Exchange, plans to issue 471,000 new shares at the quoted price. Currently, Komercijalna's share capital totals MKD 2bn distributed in 1,992,776 ordinary shares and 21,291 preferred shares. The bank's shares closed at MKD 5,398 on Monday, up by 2.8% from Friday. The Skopje-based commercial bank is the second largest in the country with total assets of about EUR 861.69mn.







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