Now the PFTS stock owned by BOCE no.
The Chinese commodity exchange, Bohai Commodity Exchange (BOCE, Hong Kong) announced the intention to acquire a stake in Ukraine’s PFTS stock exchange in the amount of 49,90003% of the share capital. We are talking about buying 15,973 thousand shares.
Currently the PFTS stock owned by the BOCE or its affiliates do not exist, according to Interfax-Ukraine.
Recall VOSE in 2017 became the owner of the Ukrainian Bank for reconstruction and development, and in 2018, the Antimonopoly Committee approved the re-application of the Chinese commodity exchanges on the purchase of shares in the PFTS in excess of 25%.
PFTS was founded in 1996. The revenue of the exchange in January-September 2019 declined 2.5% to 3.62 million, and a net loss increased 5.1 times to 1.42 million. Assets for the nine months decreased by 21.3% – to 44.71 million UAH, equity capital by 21.5% – to 43,39 mln.
In addition, in August of last year shareholders “Ukrainian exchange” has decided to offer BOCE become a shareholder with a share of 36% as a result of additional issue, however, this transaction did not take place.