Auction to sell 10% of Maryisky failed

Aug 31, 2004. /Lesprom Network/.Auction to sell 10% of Maryisky pulp and paper enterprise failed due to the lack of offer applications, Russian Federal Property Fund Privolzhsky regional office spokesperson told Lesprom.ru. As Lesprom.ru reported earlier, Privolzhsky regional office scheduled the auction to sell 132.46 thousand ordinary nominal shares of Maryisky pulp and paper enterprise (Mari El Republic, 10% of the enterprise's stock capital. Overall face value of the shares – RUR 1.3246 million. Standard price of the stake – RUR 26.946766 million. Initial share price – RUR 49 million. The shares have no obligations. Maryisky was registered by the State registrar chamber under the Ministry of Justice of Mari El Republi on September, 28 2001. Registration number – 2725. Overall number of shares – 1324630 ordinary nominal non-documentary shares. The issue was registered by the Federal Property Fund Privolzhsky regional office on November, 21 2001. The face value is RUR 10 per share. The enterprise's registry holder is Reestr-RN Cheboksary affiliated office.