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MOL Moleculin Biotech Inc

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Share Name Share Symbol Market Type
Moleculin Biotech Inc TG:MOL Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Hungary May Sell MOL Shares Under Financing Pressure-Minister

07/11/2012 5:39pm

Dow Jones News


Moleculin Biotech (TG:MOL)
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By Veronika Gulyas

BUDAPEST--Hungary may sell its stake in Hungarian oil and gas firm MOL Nyrt. (MOL.BU) should it come under financing pressure, the country's economy minister said Monday.

The state owns a 21.22% stake in MOL which it bought from its previous Russian owner OAO Surgutneftegas.

"Buying that stake was a strategic investment, which also serves the role of strategic financial reserves, being a liquid blue-chip stock," Mr. Matolcsy said in a letter answering a formal question from a lawmaker in parliament and posted on the parliamentary website.

Write to Veronika Gulyas at veronika.gulyas@dowjones.com

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