ZAGREB (Croatia), November 13 (SeeNews) – The shareholders of Bosnian telecoms company HT Mostar have decided to distribute as dividend a total of 4.2 million marka ($3.2 million/2.1 million euro) from its 2008 net profit of 4.27 million marka, Croatian media reported.
The shareholders decided to spend the remainder on donations, news portal Bankamagazine (www.banka.hr) quoted the Chairman of the telco's Supervisory Board, Zarko Pusic, as saying on Thursday.
SeeNews was unable to obtain from HT Mostar a statement on the decisions taken at Wednesday's meeting of shareholders.
HT Mostar has 1,185 shareholders. The government of Bosnia’s Muslim-Croat Federation controls a stake of 50.1%, Croatian peer T-HT owns 39.1%, Croatian postal operator Hrvatska Posta owns 5.23% with a combined 5.57% in the hands of small shareholders, the Croatian news portal said.
HT Mostar is one of three telcos active in Bosnia. State-owned BH Telecom, the largest of the trio, also operates in the Muslim-Croat Federation, which together with the Serb Republic forms post-war Bosnia. The third telecoms carrier, Telekom Srpske, operates in the Serb Republic.
(1 euro=1.95583 Bosnian marka)