Catalog

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p. 16 of 24 BACK | NEXT The Asian Development Bank Mobilizing Private Capital Assistance to Private Enterprises Eligibility for ADB Assistance Advantages of Working with ADB Extent of ADB Assistance Appraisal Criteria Loan Terms Security Procurement Accounting and Auditing Arrangements Corporate Governance Environmental Considerations Role of ADB in Supervising Investments Risk Principles for Investment Funds Sale of ADB Equity Investment Commercial Cofinancing Complementary Financing Scheme Guarantees Export Credit Agency Cofinancing Applying for ADB Assistance Processing Procedures Illustrative Private Sector Projects of ADB Contact Information

ADB’s Private Sector Operations: Catalyzing Private Investments Across Asia and the Pacific

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Sale of ADB Equity Investment

ADB intends to divest its shareholdings at a fair market price nce the objective of its investment is considered achieved.T facilitate divestment,ADB may require eventual listing of the shares of the investee enterprises on one or more stock exchanges or enter into a suitable buy-back agreement with the project sponsors.In general,ADB will prefer to sell its shares to nationals of the host country to broaden local ownership and further develop local capital markets.When disposing of its shares,ADB will,as far as practicable,consult with major investment partners and give due consideration to their views but will be entitled to dispose of its investments at its sole discretion.

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