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No. 6: If you don’t give it to me you’ll only lend it to someone else and look where that got us
Abigail Hofman:

Abigail Hofman:

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

Friday, July 4, 2008

RS to sell 61.62% of construction firm Hidrogradnja on bourse.





RS to sell 61.62% of construction firm Hidrogradnja on bourse. The RS government decided to sell in an auction 61.62% of the Pale-based state-owned civil engineering company Hidrogradnja on the Banja Luka Stock Exchange on Jul 31, Nezavisne Novine daily informs. The RS Investment Development Bank (IRB), which manages the entity’s assets, is to offer a package of 20.71mn shares at a starting price of KM 0.10 per unit, which sets the minimum price for the stake at KM 2.07mn (EUR 1.058mn). The nominal value of Hidrogradnja shares is KM 1 per unit; it was last traded in 2007 at 70% of this value. Potential investors are required to operate in the construction business and to have annual revenues of at least KM 20mn in 2007. Successful buyer should preserve the company’s activities and keep at least 350 of the personnel for at least 3 years after the purchase. Domestic companies with more than 25% state ownership, and which have not paid their tax duties, are not allowed to participate. The deadline for registering for the auction is Jul 21. Last year Laktasi-based company Integral Inzenjering expressed interest in purchasing Hidrogradnja. The RS government failed to sell its stake in Hidrogradnja in 2 tenders last year.







We are the best bank in this market because... Actually we had better make that off the record, as it’s probably not true... though I hope you think it’s true

A senior debt banker gets himself in a pickle after forgetting that the global award interviews are on the record. -Awards for Excellence 2008 Off the record special

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