Azergarant increases authorized capital

Azergarant increases authorized capital
# 28 July 2011 10:27 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of “Azergarant” OJSC.

Issue volume AZN 4.010 mln
Quantity of shares 10,000
Par value AZN 401

After placement, the authorized capital will increase by 23% to AZN 4.010 mln.

Note that, owned by some individuals Azergarant has been in operation since 1993. The company operates 23 voluntary and 4 compulsory insurance types.
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THE OPERATION IS BEING PERFORMED