The Croatian Privatization Fund

 

Invitation to purchase shares in the joint-stock company

 

"HTP Korcula" Korcula

Hotel and Tourism Industry

 

Shares are held in the portfolio of the Croatian Privatization Fund ("CPF") and State Agency for Deposit Insurance and Bank Rehabilitation

 

Number of Shares for sale: 309.800 (equivalent to 72,65% of all issued ordinary shares in the Company)

Registered capital of the Company: 127,927,500.00 Kn

Nominal value of 1 Share: 300.00 Kn

Initial price of the bid: 92,940,000.00 Kn

Company registration: Tt-95/624-3, Tt-97/2433-3 with Commercial Court in Split and Tt-00/178-3 with Commercial Court in Dubrovnik

Number of employees: 240

Deadline for submission of bids: July 16, 2001 by 14.00 Hours

Period for  purchase of Bid documentation: from June 25, 2001 to July 13, 2001

 

The bidders can receive the bid documentation at the CPF's premises (address: Zagreb, Ivana Lučića 6, telephone +385 (0)1 4596-339) on working days from 09.00 to 12.00 Hours up to 48 hours before expiry of the deadline for bid submission. The bid documentation will be made available after receipt of Euro 1,000.00, to be paid to the CPF at its bank account with Privredna Banka Zagreb No. 71210 - currency - 315811, with reference to the company in question.

 

Contact information:

Croatian Privatization Fund

Ivana Lucica 6

10000 Zagreb, Croatia

Fax:    + 385 (0) 1 6115-568

email:  croatia.eoi1@hfp.hr

Privredna Banka Zagreb account: 71210 - currency - 315811

 

For detailed information on the Croatian Privatization Fund, feel free to visit our web site: www.hfp.hr