AB Standard sharply increases capital

AB Standard sharply increases capital
# 20 October 2014 13:16 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. State Committee for Securities has registered ordinary, book-entry share issuance of AB Standard CJSC.

SCS told APA-Economics that the face value is AZN 100m quantity – 88,100.

Following placement, the capital will increase AZN 88.1 mln.

As of 2013 financial statement of the company, the authorized capital makes AZN 33,623,880.

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THE OPERATION IS BEING PERFORMED