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SPF To Put 11% Of MZVM Up For Sale On March 29.

SPF To Put 11% Of MZVM Up For Sale On March 29.

23 February 2008

The last state-owned stake in Mariupol Heavy Machinery (MZVM: BUY) will be sold on the Donetsk Stock Exchange. Concorde Capital: We expect there to be a huge amount of interest in the tender. SCM may be willing to increase its ownership. If portfolio investors acquire shares (the stock was among the PFTS leaders in terms of trading last year), free float would increase substantially. As we reported earlier, Azovmash, the managing company for MZVM announced plans to increase sales by 11% in 2006.

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