JSC Ganjabank starts from today to accommodate 1.75 million ordinary registered non-documentary shares of AZN 20, the BSE said.
The issue of shares is included in the quotation list of the exchange. According to the prospectus, placement will be by the method of mass supply. The underwriting services are provided by Unikapital LLC.
At full deployment of new shares the authorized capital of the bank will increase 3.3 times to AZN 50 million.
The shareholders of Ganjabank are four individuals, one of whom owns 58.5% of the equity. -15D-
Economics
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Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
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The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
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French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
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Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
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