January 16 (SeeNews) - Bosnian closed-end investment fund Herbos Fond has failed to sell its 6.57% stake in local metal processing company Unis [SASE:UMISRK2] due to lack of buyers, the Sarajevo Stock Exchange (SASE) said.
No investor has shown interest in Herbos' offer to sell 168,960 Unis shares at 6.50 marka ($3.7/3.3 euro) apiece at an auction on the SASE held on January 15, the bourse said in a statement on Wednesday.
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Unis' capital is divided into some 2.57 million shares of 10.70 marka in par value each.
Mostar-based Herbos Fond is the second largest Unis shareholder. Local individual Behada Gradascevic controls 90.73% of Sarajevo-based Unis, while the remainder is owned by smaller shareholders, bourse data showed on January 16.
Unis' shares last traded on the SASE on October 31, closing 50% lower at 2.01 marka.
(1 euro = 1.95583 marka)