Bank Of Baku

MBASK Insurance Company raises share capital

MBASK Insurance Company raises share capital
# 14 December 2009 15:06 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. “MBASK Sighorta Shirketi” Insurance Company’s book-entry ordinary registered shares will be floated on Baku Stock Exchange from December 25.
The issue has been included into the non-quotation list.

The number of shares is AZN 5 000, face value per share is AZN 200 and the total amount is AZN 1 million.
The underwriter is UniCapital. If successful, the company’s capital will increase by 50% to AZN 3 million.
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THE OPERATION IS BEING PERFORMED