Tuesday
11 march 2008
13:33
Volodymyr Hovirko sells his stake in TKS holding to Ihor Balenko
The TKS developers announced a new line-up of their majority shareholders after Furshet Co. president Ihor Balenko had acquired a stake from Volodymyr Hovirko. As a result, all decisions on the holding’s future strategies will be taken by Ivan Torsky and Ihor Balenko, the TKS press service told ZIK March 11.The company is preparing for the initial public offering of its stock due 2009. The presence among majority shareholders of such an experienced professional as Ihor Balenko will hopefully facilitate preparations for IPO.
Comment by ZIK
The TKS holding is among Ukraine’s top five development companies. Located in Truskavets, TKS is involved in development and construction of commercial housing and apartments.
Since August 2007, TKS shares have been traded at the Frankfurt Stock Exchange.
The holding assets are valued at about $235 million.
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