BOCE buys almost 50% of Ukraine's PFTS stock exchange

A number of companies registered in Belize and Marshall Islands have withdrawn from the list of shareholders.

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China's Bohai Commodity Exchange (BOCE, Hong Kong) has acquired an almost 50% stake in PFTS Stock Exchange,

According to the PFTS website, a number of companies registered in Belize and Marshall Islands have withdrawn from the list of shareholders: Primeview LTD, Dakal LTD, Crookston Limited, and Boline LTD.

At the same time, Parvana LTD (Marshall Islands) has reduced its stake, while asset management company and pension funds administrator Altana Investment Management increased its participation to 5.1%

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"China's Bohai Commodity Exchange (BOCE, Hong Kong) has acquired a 49.9% stake in JSC PFTS Stock Exchange," the report said.

As UNIAN reported earlier, the State Property Fund of Ukraine in June 2017 signed a contract on selling to BOCE of a 99.9% stake in Ukrainian Bank for Reconstruction and Development for UAH 82.83 million.

BOCE is China's largest spot commodity exchange, founded in 2009 by state-owned companies, Chinese citizens, and the municipality of Tianjin.

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