Croatia's state asset management office, DUUDI, said that it has received 18 letters of intent (LoIs) for the purchase of 68.25% stake in Hoteli Maestral d.d. (ZGSE:HMST-R-A). DUUDI plans to proceed with the next bidding round and to invite all investors which have filed LoIs to submit binding bids. During the second phase of the process, all eligible investors will be able perform due diligence at Hoteli Maestral.