Russian Federal Property Fund announces the auction to be held on October 24 for sale of 20% stock of Amur Shipyard OJSC
Russian Federal Property Fund announces the auction to be held on October 24 for sale of shares of Amur Shipyard OJSC, Finmarket reports. 97197 ordinary registered shares to be sold at auction. It is 20% of the company’s authorized capital. Initial price is 760 million rubles. Price increment is 10 million rubles. The bids to be accepted up to October 19, 2006. Auction results to be announced on October 24, 2006.