• subota, 19 jul 2025

Radusinovic: Funds would exchange shares until April 20

Radusinovic: Funds would exchange shares until April 20
Privatisation funds would finish mutual exchange of shares that they obtained for voucher points of citizens until April 20, said today director of the fund MIG, Dragan Radusinovic. Alteration of the Regulation on privatisation funds plans to conclude this process until June, since their transformation into investment funds that would be able to participate in stock market would then begin. "Funds are no longer competitors in exchange but partners that make effort to get as many control packages of shares in companies as possible," said Radusinovic. Control package enables making business decisions in the company and usually it includes 51 percents of the total number of shares of the company. Radusinovic said that funds have not yet received an answer from the Commission for securities and Council for privatisation as regards the complaints on Regulation on privatisation funds and sub-legal acts that define their business. In February, funds requested the possibility of investing into companies not included in the list of MVP, making of regulations for shareholders assemblies as well as regulation of estimates of net value of companies. One of requests of the funds is that management of companies are allowed to sell their shares immediately after transformation into investments funds and not two years later.