HT Mostar board to decide on re-registration in April

5 Mar 2009

According to Limun.hr, Bosnian telco HT Mostar’s Supervisory Board has determined that the decision on turning the company from a limited liability company to a joint stock company will be made at a meeting on 1 April. Once a decision has been made it is expected to be sent immediately to the FBiH Securities Commission for approval. The move comes as the company should have registered as a joint stock company in 2002 after the public subscription of shares. Attempts to re-register have been delayed following fears that Croatia’s T-HT, HT Mostar’s strategic partner, could lose its pre-emptive rights in the process. According to TeleGeography’s GlobalComms database, reports in December 2008 suggested that an updated privatisation law would be created to resolve the rights issue.

Bosnia and Herzegovina,T-Hrvatski Telekom (T-HT), HT Mostar (HT Eronet),

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