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Azal SÄ±gorta raises face value of shares

Azal SÄ±gorta raises face value of shares

13 January 2010 09:40 (UTC +04:00)

Baku. Nijat Mustafayev - APA-ECONOMICS. Azerbaijanâ€™s State Committee for Securities has registered Azal SÄ±gorta Insurance Companyâ€™s issue prospectus of ordinary registered book-entry shares.

The issue of 5 000 shares at the face value of AZN 400 each with the registration number of AZ 100300467P will be sold by conversion to 5 000 shares at the face value of AZN 371 each with the registration number of AZ 100200467.

Azal SÄ±gorta, owned by Azerbaijan Airlines (AzAL), provides 12 types of voluntary and 2 types of compulsory insurance services.

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