SOFIA (Bulgaria), November 22 (SeeNews) – Sofia-based real estate investment company 235 Holdings is planning to launch an initial public offering (IPO) on the Bulgarian stock exchange, the country's financial regulator said.
The Financial Supervision Commission (FSC) has returned 235 Holdings’ IPO prospectus with a request that the company provide additional information, the financial regulator said in a statement on Tuesday.
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The company has one month to comply with the regulator’s request.
235 Holdings has a registered capital of 100,000 levs ($60,200/51,100 euro) divided into 100,000 shares with a nominal value of 1 lev each, according to data from Bulgaria’s commercial register.
235 Holdings is a wholly-owned subsidiary of Bulgarian company Glamford, whose line of business includes consultancy services, trade and transport, the data shows.
(1 euro=1.95583 levs)