Bank Of Baku

Azerbaijan’s leading construction company increases authorized capital

Azerbaijan’s leading construction company increases authorized capital
# 26 January 2012 11:44 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered the emission prospectus of book-entry share of Akkord Industry Construction Investment Corporation.

According to SCC face value is AZN 17.50, quantity – 4,800,102 and volume of the issue – AZN 84,001,785. After placement the authorized capital will increase by 3.5 times to AZN 84,001,785.

Note that, Akkord Industry Construction Investment Corporation has been in operation since 2005. At present, its authorized capital makes AZN 24,000,510.
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THE OPERATION IS BEING PERFORMED