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.
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