The company AXA MBASK increases authorized capital

Insurance company AXA MBASK increases capital by 2 million 1.68 AZN. Yesterday, December 5, the State Securities Committee (SSC) registered by the relevant prospectus public offering.

According to the company, this was possible due to the additional production of 5 thousand 240 shares with a nominal value of AZN 382 each.

After amplification, the authorized capital of one of the oldest participants in the financial market will be 7.75 million manat. Underwriter of the offering is Uni Capital.

Open Joint Stock Company AXA MBASK operating in the insurance market since 1992 and provides services to 25 voluntary and 4 compulsory insurance.

Recall that in October last year, the insurance company changed the main shareholder.

Controlling interest (51%) acquired AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain). December 7, 2010 License MBASK was updated at AXA MBASK in connection with the change of company name.

Paid-up share capital of the company now stands at 5.73 million manat.

She has a national network of 5 branches and representative offices. - 17D-

 

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