Bank Of Baku

Deveci Yeyinti Istehsal’s shares offered to employees at privileged price

Deveci Yeyinti Istehsal’s shares offered to employees at privileged price
# 18 March 2009 15:25 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. Azerbaijan’s State Property Management Committee said shares of Deveci Yeyinti Istehsal Open Joint Stock Company were offered to employees at a privileged price.
The Committee said those who are employed by the company, who has the right for reinstatement by law, who worked more than 7 years or retired, and who laid-off after 1 January 1995 can purchase the shares.
The Privatization Commission will receive requests from March 30 through April 22. the results of the sale will be approved at a general meeting on April 23.
The company’s authorized capital is 73 310 manats, issued share is 36 655 shares, shares put up for discount sale is 5 498 face value per share is 2 manats.
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