“In accordance with the SIF Moldova’s Investment Strategy and Policy approved by its shareholders, SIF Moldova continued to sell its shares from the SELL portfolio – minority holdings in non-performing companies. We inform the investors that we have concluded the Hyperion Iasi share sale contract, at a total amount of about 770 thousand RON. The amount was fully collected,” the Fund said in a statement
The transaction was carried out by Asset Invest SA, a subsidiary of SIF Moldova Group that was set up to restructure the holdings of the historical portfolio.
SIF Moldova had been a shareholder in Hyperion since 1993.
Hyperion S.A. is a privately-held company established in 1993. In 1996, it became a joint-stock company, with five shareholders.
SIF Moldova has a market capitalization of RON1.2 billion.