Today starts public offering by Amrahbank
Amrahbank JSC starts from December 28 this year to accommodate 51.383 common registered uncertified shares of AZN 100, - the BSE.
The issue of shares is included in the quotation list of the exchange. According to the prospectus, placement will be the method of mass supply. Underwriting services are provided by Ltd Chelsea Capital.
At full deployment of new shares authorized capital of the bank will increase by 35% to reach $ 19.85 million manat.
Amrahbank's shareholders are 4 individuals and one entity. -15D -
Economics
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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