East Point Metals LTD from Cyprus makes bid for takeover of 19.13% of shares of Valjaonica Bakra Sevojno

East Point Metals LTD from Cyprus has made a bid for the takeover of 19.13% of the shares of Valjaonica Bakra Sevojno, it was announced at the Belgrade Stock Exchange.

The company intends to acquire 123,058 shares and has offered 2.7 thousand dinars for each as a cash payment, and the offer opened today, February 4, 2020, and is valid until February 24.

This Cypriot company already owns 80.87% of the shares of Valjaonica Bakra, whereas the Republic of Serbia owns 62,546 shares (9.72%) through the Equity Fund.

As said, the company Sanskrit doo from Belgrade owns 29.3% in East Point Metals, whereas the Cypriot company owns capital in the Germany DP Handel GmbH.

East Point Metals Beograd

Valjaonica bakra a.d. Sevojno

Beogradska berza a.d. Beograd

Sanskrit doo

East point metals LTD

Valjaonica bakra Sevojno

Belgrade Stock Exchange

Sanskrit doo

DP Handel GmbH

shares of Valjaonica bakra Sevojno

stock exchange

Equity Fund