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In Brief: SM Media's IPO; Elstar Oils IPO; Mostostal Zabrze in trouble

It has annual sales of zł.22 million and sold 100,000 shares at zł.75 each. (Parkiet p. 9) ... Elstar-Oils the national rape-processing company hopes to raise zł.45 million from its IPO. The capital will be used to restructure its production facilities. Some 1.5 million shares will be sold for between zł.24-30 each. (Puls Biznesu, p. 23) ... Silesia-based building contractor Mostostal Zabrze may not regain its financial stability after paying a zł.20 million fine for non-payment for large stake in Prinz, a road-construction group. (Parkiet, p. 8) J.J.

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