![BSE launched additional shares of AXA MBASK](https://turan.az/resized/./turan-750-500-resize.webp)
BSE launched additional shares of AXA MBASK
Insurance company AXA MBASK start placing an additional issue in the amount of AZN 2,001,680.
According to the website of BSE process began yesterday, December 26.
As told Turan in the company, capital increase will be possible thanks to the additional issue of 5,240 shares at 382 manats each.
After amplification, the authorized capital of one of the oldest participants in the financial market will be 8.73 million manat. Underwriter of the offering is Uni Capital.
Open Joint Stock Company AXA MBASK has been operating in the insurance market since 1992 and provides services to 25 voluntary and 4 compulsory insurance types.
Recall that in October last year, the insurance company changed the main shareholder.
Controlling interest (51%) was acquired by AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain).
December 7, 2010 the license of MBASK was updated at AXA MBASK in connection with the change of the company's name.
The paid-up share capital of the company now stands at 6.73 million manat.
It has a national network of 5 branches and representative offices. - 17D-
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review