Today Capital Bank will start placement of 3 million of shares with face value of 10 AZN, reported the Baku Stock Exchange.
The issue of shares is not included into the quoting list of the Exchange. The placement will be held by the method of mass supply.
Chelsea Capital LLC broker company is the underwriter of placement of shares. The shares should be placed with 365 days. However, it could be completed after the sale of the last share. With full placement of new shares, authorized capital of the bank will increase by 60% and reach 80 million AZN.
Capital Bank has 169 shareholders, including 168 physical persons. Pasha Holding LLC holds 99.81% or 4,990,706 shares.—0—
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