The State Committee for Property announced the conducting of the seventh specialized money auction for selling the shares of the privatized corporations. Investors are offered a controlling packets ogf the shares of the three joint-stock companies in the country.
Fifyt five per cent of shares of "Gence Temir Qurashdirma" (12,330 units) and "Agcabedi Tedaruk" (10,077), as well as 69.88% of shares of "Agcabedi gol-baliqchiliq" (42.606) are offered at the auction. Nominal value per a share is AZN 2. Usually, little money orders are made at the auction, and therefore, the shares are placed below the nominal.
The auction will be held from August 26 to 30 at the Auction center for the organization of trading in Baku and its five area offices in the cities of Ganja, Sumgait, Shirvan, Lankaran and Sheki. Previous auction was held in April this year. 08D
Economics
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