KYIV. March 29 (Interfax-Ukraine) – Smart Maritime Group (SMG) of Smart-holding was the ultimate buyer of 9.64% stake in public joint-stock company Chornomorsky Shipbuilding Yard put up for sale by Ukraine’s State Property Fund at an auction on March 29 on the Ukrainian Stock Exchange (Kyiv), the press service of the group has told Interfax-Ukraine.
According to the exchange, the price was decreased from UAH 0.25 per share to UAH 0.03 per share. The cost of the stake decreased from UAH 12.45 million to UAH 1.495 million.
Earlier the fund said that two bids were submitted.
The fund said that the shares in Chornomorsky Shipbuilding Yard have been placed to the list of 34 facilities which privatization failed. The shares could be sold at auctions with 60% and 50% discounts and Dutch auctions.
The fund sold shares in Chernihiv Plant of Radio Equipment (CheZaRa) for UAH 4.67 million and public joint-stock company Bilyky (Chernihiv region) for UAH 1.38 million.
Chornomorsky Shipbuilding Yard is the shipyard with the highest technical potential in Ukraine.
Chornomorsky Shipbuilding Yard, together with Kherson Shipyard, is part of Smart Maritime Group (SMG), the largest shipbuilding holding of Ukraine, was founded in 2009 to manage the maritime assets of Smart-holding.
