Bank Of Baku

Buta Sigorta plans to increase authorized capital by 55%

Buta Sigorta plans to increase authorized capital by 55%
# 01 April 2014 13:55 (UTC +04:00)

Baku - APA-Economics. State Committee for Securities has registered the emission prospectus of shares of Baki Sigorta OJSC.

Baku Stock Exchange says the volume of the issue is AZN 4 mln, face value – AZN 20. Underwriter is Chelsea Capital LLC.

After placement, the authorized capital will increase by 54.8% to AZN 11.3 mln.

 

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THE OPERATION IS BEING PERFORMED