Bashak Inam Insurance Company doubles share capital

Bashak Inam Insurance Company doubles share capital
# 10 August 2009 16:52 (UTC +04:00)
Baku. Vugar Mustafayev – APA-Economics. Azerbaijan State Committee on Securities has registered Bashak Inam Insurance Company’s issue prospectus of book-entry ordinary registered shares.
The face value per stock is AZN 200, the total number is 5 000 and the amount AZN 1 million.

Exchange analysts say the placing is expected to start in August.

If successful, the company’s authorized capital will double to AZN 2 million.
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THE OPERATION IS BEING PERFORMED