Mészáros said that the council had also proposed, that the program include a 5-15% preference on shares of state-owned companies to be floated at the Budapest Stock Exchange under the program, that investors be given the option of paying for the shares in installments over a period of 3-5 years and be accorded an exemption from the capital-gains tax if they retain the shares for a period of at least five years. Mészáros added that the council had also discussed the possibility of including waterworks, wine trader Tokaji Kereskedőház and a couple of real-estate holding companies in the New Ownership Program. (MTI-Econews)
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