Bank Of Baku

Gala Sigorta increases authorized capital

Gala Sigorta increases authorized capital
# 29 September 2010 14:09 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of Gala Sigorta.

Issue volume AZN 2 500 000
Quantity of shares 2 500
Par value AZN 1 000
Underwriter Caspian Financial LLC

According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.

Note that Gala Sigorta has been in operation since July 31, 2008.
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THE OPERATION IS BEING PERFORMED