Azenco Construction Company raises share capital

Baku. Nijat Mustafayev – APA-Economics. Azerbaijan State Committee for Securities has registered Azenco Construction Company’s issue prospectus of book-entry ordinary registered shares.
The face value per stock is AZN 2, the total number is 3 418 649 and the amount AZN 6 837 298.
The issue will be realized through public offering on Baku Stock Exchange.
Exchange analysts say the placing is expected to start in December.
If floated successfully, the company’s share capital will rise to AZN 6 837 898.
Established in 1992, Azenco’s share capital is AZN 600 at present.
The face value per stock is AZN 2, the total number is 3 418 649 and the amount AZN 6 837 298.
The issue will be realized through public offering on Baku Stock Exchange.
Exchange analysts say the placing is expected to start in December.
If floated successfully, the company’s share capital will rise to AZN 6 837 898.
Established in 1992, Azenco’s share capital is AZN 600 at present.
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