Romania’s financial regulator ASF decided in June that a group of eight persons and companies are acting in concert in relation to SIF Moldova, reaching a stake of 10.41%, compared with the maximum ownership limit in Romania’s five regional investment funds (SIFs), which currently stands at 5%.
At around 5:40 pm Friday, SIF Moldova shares traded up 0.24% at RON1.642 in Bucharest. (EUR1=RON4.4139)