Bank Of Baku

Mega Sigorta starts placement of shares

Mega Sigorta starts placement of shares
# 07 June 2012 13:44 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Placement of ordinary, book-entry shares of Mega Sigorta OJSC has started at Baku Stock Exchange.

BSE says face value is AZN 5,000, quantity – 600 and volume of the issue – AZN 3 mln.

Underwriter is Chelsea Capital. After placement, the authorized capital will increase by 42.9% to AZ 10 mln.

Note that, Mega Sigorta has been in operation since 1998.
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THE OPERATION IS BEING PERFORMED