After months of delay, Farmland company in Nova Topola near Gradiska city is finally sold to the Chinese and for 24 million Euros, confirmed the CEO Predrag Zgonjanin.
In addition, customers will invest another 10 million in the expansion of production. It was agreed for Chinese to buy 70% of the majority owners, while they did not have interest for the rest of the state capital and funds. With the sale, which was announced earlier, there was a delay because of the holidays and the Chinese New Year.
“At the next Assembly, shareholders will make a decision on the sale of Farmland because a foreign investor asked for it. Namely, the investor will not take just buy Farmland and due to that decision the deadline for the transaction is extended”says Zgonjanin.
Although the current value of all shares on the stock market does not exceed 930,000 BAM, Zgonjanin assures that the price of 24 million euros is objective in real terms.
(Source: akta)
