"China's Bohai Commodity Exchange (BOCE, Hong Kong) has acquired a 49.9% stake in JSC PFTS Stock Exchange," the report said.
Primeview LTD (8.5%, Belize), Dakal LTD (9.37%, Belize), Crookston Limited (9.06%, Belize) and Boline LTD (9.21%, Marshall Islands), the beneficiaries of which are unknown, left the list of owners of the PFTS Stock Exchange.
Parvana LTD reduced its stake from 8.9% to 0.11%. At the same time, Asset Management Company and Pension Funds' Administrator Altana Investment Management LTD increased its stake from 2.3% to 5.1%.
In early December 2019, BOCE announced its intention to acquire a 49.9% stake in the Ukrainian PFTS Stock Exchange.
At the time of the notification, BOCE (Hong Kong) Co. Ltd. and its affiliates did not own PFTS shares.
BOCE is China's largest spot commodity exchange with an annual turnover of $1 trillion. The company was founded in 2009 with the participation of private Chinese investors, several state-owned companies, as well as the municipality of Tianjin, PRC.
Bohai Commodity Exchange became the owner of the Ukrainian Bank for Reconstruction and Development in 2017.
PFTS assets shrank by 21.3% over the first nine months of 2019, to UAH 44.71 million, with equity capital falling by 21.5%, to UAH 43.39 million.
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