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Oct 19, 2007 18:09 EEST
SOFIA (Bulgaria), October 19 (SeeNews) – Bulgarian company Telecomplect, which owns 20.4% of blue-chip drug maker Sopharma, has bought 5.0% of cosmetics producer Aroma for 258,200 levs ($132,104/188,770 euro), Aroma said on Friday.
Telecomplect has bought from Panama-registered VP Trade Opportunities 258,200 Aroma shares at a price of 1.0 levs each, Aroma said in a statement.
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Telecomplect officials were not immediately available to comment.
Shares in Aroma closed 6.6% higher at 14.44 levs on Friday in a volume of some 117,470 shares. The statement was filed after the end of bourse trading.
Aroma said earlier this year it expects to raise its sales by between five to seven percent this year. The company posted a net profit of some 2.0 million levs and sales of 38.3 million levs for 2006.
It has also said it plans to seek the shareholders' approval to triple its capital through a bonus issue by the end of the year. Its capital stands at around 5.2 million levs.
(1 euro = 1.95583 Bulgarian levs)
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