Sarajevo Stock Exchange (SASE) said that extraordinary auction for selling the state's stake in generic drugmaker Bosnalijek, is scheduled for October 6.
The Government of Federation of BiH has earlier made a decision to sell a minority stake in Bosnalijek. An attempt to sell 1,507,724 shares of Bosnalijek in July drew no bidders.
The government, which wants to sell its 19 percent stake in Bosnalijek as part of its privatisation plan for 2016 to plug a budget deficit, has cut the price to 14.73 Bosnian marka per share from 15.50 marka previously offered.
A Luxembourg-based company, Haden S.A., is the biggest shareholder with nearly 30 percent in Bosnalijek, and the remainder is held by investment funds and small shareholders.
The government has said it also plans this year to try to sell its stakes in aluminium smelter Aluminij Mostar and engineering firm Energoinvest.
