The meeting date of the reinsurance company AzRe shareholders has been changed from 13 to 24 February. The agenda includes increase in the authorized capital by the growth of the nominal price of the shares at the expense of net profit, the establishment of the nominal price of each share, and determination of the proportion of shareholders in the share capital. In addition, the agenda includes the issue of dividend payment to shareholders, due to the unallocated portion of net profit.
Currently, the authorized capital of the reinsurance company AzRe established in 2007 is 40 million manat. The company is a shareholder of Gala Sigorta (100%) and Gala Hayat Sigorta (88.57%). -----71D
Economics
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