Bank Of Baku

Mega Sigorta increases authorized capital

Mega Sigorta increases authorized capital
# 29 May 2015 16:34 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. On June 1, an auction on placement of ordinary, book-entry shares of Mega Sigorta OJSC will be held at Baku Stock Exchange.

 

BSE told APA-Economics that the volume of the issue is AZN 2.5 mln, face value – AZN 5,000, quantity – 500.

 

Underwriter is AzFinance Invest LLC.

 

After placement, the authorized capital will increase 35.71% to AZN 9.5 mln from AZN 7 mln.

 

 

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