Bank Of Baku

Joint Leasing increases authorized capital

Joint Leasing increases authorized capital
# 02 April 2013 10:33 (UTC +04:00)

 

Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered emission prospectus of ordinary, book-entry shares of Joint Leasing OJSC.

 

SCS says face value is AZN 200, quantity – AZN 3,500 and the volume of the issue – AZN 700,000.  The emission will be placed privately. After placement, the authorized capital will double to AZN 1.4 mln.

 

Note that Joint Leasing has been in operation since June 14, 2007. The establishers of the company are British DH Leasing Ltd. (52.4%) and International Bank of Azerbaijan (47.6%). Current authorized capital is AZN 700,000. 

 

 

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THE OPERATION IS BEING PERFORMED