Investment Companies Refuse SRD's Tender on Grounds of Poor Value

Ljubljana, 29 May - Assets are overrated and of poor quality, therefore Slovenia's authorised investment companies will not place a bid to Friday's tender of the Slovene Development Corporation (SRD) for the purchase of shares in companies offered by SRD in exchange for privatization vouchers, said the Association of Management Companies (ZDU) chair of executive committee, Stane Valant, who explained that under adequate conditions the authorised investment companies would be prepared to take on the offered companies.

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