January 17 (SeeNews) - Bosnian closed-end investment fund Herbos Fond will try again to sell its 6.57% stake in local metal processing company Unis [SASE:UMISRK2] after no buyers turned up at the last auction, the Sarajevo Stock Exchange (SASE) said.
Herbos is offering for sale 168,960 Unis shares at an extraordinary auction on the SASE on January 17, this time at a lower price of 6.05 marka ($3.4/3.1 euro) apiece, the SASE said in a statement on Thursday.
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There were no candidates to buy the offered shares at the last action held on January 15, in which the seller had set the price at 6.50 marka per Unis share.
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)