Murapol wants to increase its stake in Awbud to 66%

WSE-listed real eastate developer Murapol has called up the tender for 10,52 stake in WSE-listed builder Awbud at PLN 7.5 apiece. If the tender is successful, Murapol will increase its stake in Awbud to 66 percent. The buyers do not plan on delisting the company. “This is a long-term investment, and we plan on developing the current activity of Awbud, without changing its profile. Delisting is not in the plans,” the company said in a market filing. Subscriptions will be held from August 31 to September 13.