Capital of "Pasha Development" increases again

Once again, the capital of OOO "Pasha Development" has been increased  by five  million mantas, and totaled  220. 273.900 manat. The company is  by 100% owned by the group of companies "Pasha Holding". Holding announces that it  "is engages in the acquisition, development and management of real estate." However, some of the property in question - is not specified. The company does not have a corporate website.

The asset management is busy, another holding company - LLC "Pasha Construction", where the share of LLC "Pasha Holding" is 60%. However, in the state register of commercial legal persons, contrary to the law on "State Registration and State Register of Legal Entities" there is not any information about this company.  Ltd. "Pasha Development" was established in June 2012. The initial capital of the company amounted to 16 million manats.

"Pasha Holding" belongs  to sisters Leyla and Arzu Aliyevas, daughters of the  President Ilham Aliyev. The state registry of commercial legal entities does not contain information about this company. 08B