August 18 (SeeNews) - Croatian shipbuilder Uljanik, which is undergoing a bankruptcy procedure, said it has announced a public call for expressions of interest for purchase of its entire 88.27% stake in shipbuilding company 3. Maj Brodogradiliste [ZSE:3MAJ].
The deadline for submission of interest is 1400 local time on August 31, Uljanik said on Wednesday.
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Uljanik's stake in 3. Maj consists of 1,249,568 regular series A shares, which are listed on the Zagreb bourse, and 350,000 regular series B shares, which are not listed.
Its equity capital is 181.2 million kuna ($25 million/24 million euro).
The Rijeka-based 3. Maj reported a net loss of 114.1 million kuna for 2021.
3. Maj's shares last traded on the Zagreb bourse on December 21 when they closed at 14.90 kuna, down 59.73%.
(1 euro=7.509 Croatian kuna)