The Spanish government said in a statement that it regretted Bolivia's decision to nationalize companies that included "Spanish, Argentine and American companies among its shareholders." Spain said it hoped "the process of assessing the value of the nationalized
company is done with high standards of objectivity that would establish the just compensation to which shareholders are entitled." Telephone calls and e-mails seeking comment from Iberdrola in Spain were not immediately answered.
Since LTCB was nationalized
last October after collapsing under the weight of bad loans, the two firms apparently found it difficult to secure operating funds, which put added pressure on their already faltering earnings amid slumping property prices.
The Parliament of Kyrgyzstan on Wednesday made the decision to include the nationalized
Yak-40 aircraft (1975 year model) into the list of the nationalized
assets for privatization.
Long-Term Credit Bank of Japan (LTCB) decided Monday to set its coupon rate for the November issue of five-year bank debentures at 2% per annum, unchanged from the previous month, LTCB officials said.
The Bishkek Oil did not confirm purchase of nationalized
100% stake in Petrol Group, Nationalized
Assets Management Fund Director Nazira Usenalieva told the on-line edition Tazabek.
The State Property Ministry of the Kyrgyz Republic sells 100% stake in Petrol Group, the on-line edition Tazabek was told in the Nationalized
Assets Management Fund.
4 Kyodo The Bank of Japan (BOJ) on Wednesday provided additional financial support of about 400 billion yen to the nationalized
Long-Term Credit Bank of Japan (LTCB) through the government-backed Deposit Insurance Corp., BOJ officials said Wednesday.
The Ministry of State Property of Kyrgyzstan passed the nationalized
Yak-40 to the state airline, Tazabek publication was told at the Fund to manage the nationalized
property as a result of the work of the interdepartmental working group established in accordance with the decree of the Kyrgyz government on April 19, 2011 ?
4 Kyodo The Long-Term Credit Bank of Japan (LTCB) began operating as a nationalized
bank under new management Wednesday in a first step toward disposing of its bad loans under banking legislation passed by the Diet last month.
Interagency Working Group decided not to privatize land on the territory of Cholpon-Ata municipality until the court and government decision, Tazabek publication was told at the Nationalized
Assets Management Fund.